FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 51,063 shares, an increase of 412.9% from the September 30th total of 9,955 shares. Based on an average daily volume of 4,185 shares, the days-to-cover ratio is presently 12.2 days. Currently, 3.8% of the company’s stock are short sold.
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Up 0.1%
FEDM stock traded up $0.04 during midday trading on Thursday, reaching $64.59. 2,370 shares of the company’s stock traded hands, compared to its average volume of 1,871. The company has a market cap of $85.91 million, a price-to-earnings ratio of 17.40 and a beta of 0.79. The firm’s fifty day moving average price is $64.92 and its 200-day moving average price is $62.69. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52 week low of $53.54 and a 52 week high of $66.95.
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Company Profile
The FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a principles-based index of large-cap companies from the developed markets outside the US that exhibit environmental, social, and corporate governance (ESG) characteristics. FEDM was launched on Sep 20, 2021 and is managed by FlexShares.
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