IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Short Interest Update

by · The Markets Daily

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 11,658 shares, a growth of 126.3% from the July 30th total of 5,152 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 8,567 shares, the days-to-cover ratio is currently 1.4 days.

IDX Dynamic Fixed Income ETF Price Performance

DYFI traded down $0.05 during midday trading on Friday, hitting $22.58. 4,739 shares of the company traded hands, compared to its average volume of 8,506. The company’s 50-day moving average is $22.68 and its 200 day moving average is $22.82. IDX Dynamic Fixed Income ETF has a 52 week low of $22.50 and a 52 week high of $23.47.

IDX Dynamic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 27th. Investors of record on Wednesday, August 26th were issued a $0.0761 dividend. The ex-dividend date was Wednesday, August 26th. This represents a c) annualized dividend and a yield of 4.0%.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

An institutional investor recently raised its stake in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. boosted its position in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI – Free Report) by 1,351.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,774 shares of the company’s stock after acquiring an additional 10,963 shares during the quarter. JPMorgan Chase & Co. owned 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 at the end of the most recent reporting period.

About IDX Dynamic Fixed Income ETF

(Get Free Report)

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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