Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Increases By 28.7%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,091 shares, an increase of 28.7% from the January 15th total of 848 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,216 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 1,216 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the shares of the stock are sold short.

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

Shares of FEDM traded down $0.46 during trading hours on Tuesday, reaching $62.80. The stock had a trading volume of 1,571 shares, compared to its average volume of 1,566. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 12 month low of $43.00 and a 12 month high of $63.71. The stock has a market capitalization of $79.75 million, a PE ratio of 17.40 and a beta of 0.82. The company’s 50-day moving average is $60.64 and its two-hundred day moving average is $58.37.

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.