IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Shares Shorted: Short Interest Down 91.4% in October

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,994 shares, a decrease of 91.4% from the September 30th total of 46,426 shares. Based on an average daily volume of 8,378 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

IDX Dynamic Fixed Income ETF Trading Down 0.5%

Shares of DYFI traded down $0.12 during midday trading on Wednesday, reaching $22.16. 519,958 shares of the company were exchanged, compared to its average volume of 11,504. IDX Dynamic Fixed Income ETF has a 1-year low of $22.15 and a 1-year high of $23.31. The stock has a 50-day moving average price of $22.40 and a 200-day moving average price of $22.75.

IDX Dynamic Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 28th will be paid a dividend of $0.1206 per share. This represents a $1.45 annualized dividend and a yield of 6.5%. This is a boost from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.0842. The ex-dividend date is Wednesday, October 28th.

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