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

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 38,300 shares, a growth of 6,283.3% from the October 15th total of 600 shares. Based on an average daily volume of 14,600 shares, the short-interest ratio is currently 2.6 days.

IDX Dynamic Fixed Income ETF Price Performance

NASDAQ:DYFI traded down $0.08 during trading hours on Tuesday, hitting $23.65. 329 shares of the company traded hands, compared to its average volume of 12,002. The firm’s 50-day simple moving average is $23.77 and its 200-day simple moving average is $23.91. IDX Dynamic Fixed Income ETF has a one year low of $23.32 and a one year high of $25.20.

IDX Dynamic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 24th were issued a $0.0852 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date was Thursday, October 24th.

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.