FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Update

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 3,452 shares, an increase of 90.6% from the June 30th total of 1,811 shares. Based on an average daily trading volume, of 1,718 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.3% of the company’s stock are sold short.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Down 0.8%

Shares of NYSEARCA:FEDM opened at $64.50 on Friday. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a fifty-two week low of $53.54 and a fifty-two week high of $65.05. The firm’s 50 day moving average price is $62.64 and its 200 day moving average price is $61.61. The stock has a market cap of $79.33 million, a price-to-earnings ratio of 17.40 and a beta of 0.79.

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.