Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Increases By 169.6%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 5,076 shares, an increase of 169.6% from the February 12th total of 1,883 shares. Based on an average daily volume of 1,841 shares, the short-interest ratio is presently 2.8 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,841 shares, the short-interest ratio is presently 2.8 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Trading Down 1.9%

FEDM stock traded down $1.14 during trading on Thursday, reaching $58.74. The stock had a trading volume of 598 shares, compared to its average volume of 1,683. 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 market capitalization of $74.60 million, a P/E ratio of 17.40 and a beta of 0.82. The firm has a fifty day moving average price of $61.61 and a 200 day moving average price of $59.10.

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.