IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Short Interest Down 52.8% in March

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,500 shares, a decline of 52.8% from the February 28th total of 5,300 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is presently 0.2 days.

IDX Dynamic Fixed Income ETF Trading Up 0.1 %

Shares of NASDAQ DYFI traded up $0.02 during midday trading on Friday, hitting $23.10. The stock had a trading volume of 7,952 shares, compared to its average volume of 11,541. The business’s 50 day moving average is $23.29 and its 200-day moving average is $23.51. IDX Dynamic Fixed Income ETF has a 52 week low of $23.01 and a 52 week high of $24.81.

IDX Dynamic Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 26th were issued a $0.0955 dividend. This is a positive change from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.09. The ex-dividend date was Wednesday, March 26th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.96%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. bought a new position in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,166 shares of the company’s stock, valued at approximately $52,000. JPMorgan Chase & Co. owned about 0.18% of IDX Dynamic Fixed Income ETF as of its most recent filing with the SEC.

About IDX Dynamic Fixed Income ETF

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.