Short Interest in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Expands By 126.3%

IDX Dynamic Fixed Income ETF (NASDAQ:DYFIGet Free Report) was the target of a significant growth in short interest in the month of 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 sold short. Based on an average daily volume of 8,567 shares, the days-to-cover ratio is presently 1.4 days.

IDX Dynamic Fixed Income ETF Price Performance

DYFI stock traded down $0.05 during mid-day trading on Friday, hitting $22.58. 4,739 shares of the company were exchanged, compared to its average volume of 8,506. The firm has a fifty day simple moving average of $22.68 and a 200 day simple moving average of $22.82. IDX Dynamic Fixed Income ETF has a twelve month low of $22.50 and a twelve month high of $23.47.

IDX Dynamic Fixed Income ETF Dividend Announcement

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. Palladiem LLC acquired a new stake in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFIFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF comprises about 5.6% of Palladiem LLC’s portfolio, making the stock its 8th largest holding. Palladiem LLC owned about 10.25% of IDX Dynamic Fixed Income ETF at the end of the most recent reporting period.

IDX Dynamic Fixed Income ETF Company Profile

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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.

Further Reading

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