IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Sees Significant Decrease in Short Interest

IDX Dynamic Fixed Income ETF (NASDAQ:DYFIGet Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,966 shares, a decline of 53.4% from the June 30th total of 6,358 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,887 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On IDX Dynamic Fixed Income ETF

An institutional investor recently raised its position in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. increased its holdings in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFIFree Report) by 1,351.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,774 shares of the company’s stock after buying an additional 10,963 shares during the period. JPMorgan Chase & Co. owned about 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 at the end of the most recent quarter.

IDX Dynamic Fixed Income ETF Stock Performance

Shares of NASDAQ:DYFI traded up $0.02 during mid-day trading on Wednesday, reaching $22.60. 5,884 shares of the company were exchanged, compared to its average volume of 8,252. The firm’s 50-day simple moving average is $22.74 and its 200 day simple moving average is $22.90. IDX Dynamic Fixed Income ETF has a 1 year low of $22.50 and a 1 year high of $23.47.

IDX Dynamic Fixed Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 22nd were given a dividend of $0.1069 per share. This is an increase from IDX Dynamic Fixed Income ETF’s previous dividend of $0.08. The ex-dividend date was Wednesday, July 22nd.

IDX Dynamic Fixed Income ETF Company Profile

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The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.

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