FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Sees Large Decline in Short Interest

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,304 shares, a drop of 33.2% from the November 30th total of 1,952 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 877 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 877 shares, the short-interest ratio is currently 1.5 days. Approximately 0.1% of the shares of the company are short sold.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Trading Down 0.3%

FEDM traded down $0.20 during trading on Wednesday, reaching $59.06. 498 shares of the company were exchanged, compared to its average volume of 4,192. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52 week low of $43.00 and a 52 week high of $60.49. The firm has a 50 day moving average of $58.25 and a 200 day moving average of $56.87. The stock has a market cap of $72.65 million, a P/E 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.