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

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

IDX Dynamic Fixed Income ETF Price Performance

Shares of DYFI traded up $0.02 during mid-day trading on Friday, hitting $23.10. The company’s stock had a trading volume of 7,952 shares, compared to its average volume of 11,541. The company’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 business also recently disclosed a monthly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were given a dividend of $0.0955 per share. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $1.15 dividend on an annualized basis and a yield of 4.96%. This is an increase from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.09.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 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 Securities & Exchange Commission.

IDX Dynamic Fixed Income ETF Company Profile

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.