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 recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 872 shares, a drop of 80.1% from the July 30th total of 4,389 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 824 shares, the short-interest ratio is presently 1.1 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Trading Down 0.2%

FEDM traded down $0.10 on Friday, hitting $66.38. 43 shares of the company were exchanged, compared to its average volume of 1,648. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a twelve month low of $53.54 and a twelve month high of $66.95. The company has a market cap of $81.65 million, a price-to-earnings ratio of 17.40 and a beta of 0.79. The firm has a 50-day moving average price of $64.07 and a two-hundred day moving average price of $62.29.

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.