Short Interest in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Grows By 202.8%

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 15,346 shares, a growth of 202.8% from the April 15th total of 5,068 shares. Based on an average daily trading volume, of 8,997 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Investors Weigh In On IDX Dynamic Fixed Income ETF

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. Palladiem LLC bought a new position in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF accounts for approximately 5.6% of Palladiem LLC’s investment portfolio, making the stock its 8th biggest holding. Palladiem LLC owned 10.25% of IDX Dynamic Fixed Income ETF as of its most recent SEC filing.

IDX Dynamic Fixed Income ETF Trading Down 0.4%

Shares of NASDAQ:DYFI traded down $0.09 on Friday, hitting $22.69. 646 shares of the company were exchanged, compared to its average volume of 9,853. IDX Dynamic Fixed Income ETF has a 1-year low of $22.57 and a 1-year high of $23.47. The stock’s 50 day moving average price is $22.85 and its 200 day moving average price is $23.05.

IDX Dynamic Fixed Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, April 23rd. Stockholders of record on Wednesday, April 22nd were paid a dividend of $0.081 per share. The ex-dividend date was Wednesday, April 22nd.

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. DYFI was launched on Jan 10, 2024 and is issued by IDX.