FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Stock Short Interest Report for October

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 9,085 shares, a drop of 82.2% from the October 15th total of 51,063 shares. Based on an average daily volume of 1,157 shares, the days-to-cover ratio is presently 7.9 days. Currently, 0.7% of the shares of the stock are sold short.

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

FEDM stock traded down $0.30 during mid-day trading on Thursday, reaching $65.11. 547 shares of the company traded hands, compared to its average volume of 1,858. The company has a market capitalization of $86.60 million, a P/E ratio of 17.92 and a beta of 0.80. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52-week low of $53.54 and a 52-week high of $66.95. The company has a fifty day moving average price of $64.64 and a 200-day moving average price of $62.90.

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.