Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Declines By 64.3%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 788 shares, a drop of 64.3% from the March 15th total of 2,208 shares. Based on an average daily volume of 3,730 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

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

NYSEARCA:FEDM traded up $0.17 during mid-day trading on Friday, hitting $61.37. The company had a trading volume of 3,258 shares, compared to its average volume of 2,218. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 1 year low of $49.41 and a 1 year high of $64.02. The firm has a market capitalization of $77.94 million, a price-to-earnings ratio of 17.40 and a beta of 0.83. The business has a fifty day simple moving average of $60.64 and a 200-day simple moving average of $59.40.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 20th were given a dividend of $0.1591 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, March 20th.

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.