Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Increases By 72.6%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,883 shares, an increase of 72.6% from the January 29th total of 1,091 shares. Based on an average daily trading volume, of 404 shares, the short-interest ratio is currently 4.7 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 404 shares, the short-interest ratio is currently 4.7 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Performance

Shares of FlexShares ESG & Climate Developed Markets ex-US Core Index Fund stock traded down $0.07 on Friday, hitting $63.81. 531 shares of the company’s stock were exchanged, compared to its average volume of 1,621. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 1 year low of $43.00 and a 1 year high of $64.02. The company has a 50-day simple moving average of $61.43 and a 200-day simple moving average of $58.88. The stock has a market capitalization of $81.04 million, a PE ratio of 17.40 and a beta of 0.82.

About FlexShares ESG & Climate Developed Markets ex-US Core Index Fund

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.