Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Increases By 62.2%

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 April. As of April 15th, there was short interest totaling 1,278 shares, an increase of 62.2% from the March 31st total of 788 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 947 shares, the short-interest ratio is currently 1.3 days.

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

Shares of FlexShares ESG & Climate Developed Markets ex-US Core Index Fund stock traded down $0.19 during midday trading on Monday, hitting $61.32. The company had a trading volume of 117 shares, compared to its average volume of 2,043. The business’s 50 day simple moving average is $60.48 and its two-hundred day simple moving average is $59.76. The stock has a market cap of $77.88 million, a PE ratio of 17.40 and a beta of 0.83. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 1-year low of $52.61 and a 1-year high of $64.02.

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.