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

IDX Dynamic Fixed Income ETF (NASDAQ:DYFIGet Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 9,042 shares, a decrease of 41.1% from the April 30th total of 15,346 shares. Based on an average daily volume of 3,590 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.4% of the company’s stock are short sold.

IDX Dynamic Fixed Income ETF Price Performance

Shares of DYFI stock opened at $22.76 on Tuesday. IDX Dynamic Fixed Income ETF has a one year low of $22.57 and a one year high of $23.47. The company’s 50-day moving average is $22.80 and its 200 day moving average is $23.02.

IDX Dynamic Fixed Income ETF Dividend Announcement

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. increased its stake in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFIFree Report) by 1,351.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,774 shares of the company’s stock after purchasing an additional 10,963 shares during the period. JPMorgan Chase & Co. owned approximately 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

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.

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