IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Shares Shorted: Short Interest Up 80.9% in September

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 10,770 shares, a growth of 80.9% from the August 31st total of 5,955 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 10,879 shares, the days-to-cover ratio is currently 1.0 days.

IDX Dynamic Fixed Income ETF Trading Down 0.2%

DYFI stock traded down $0.04 on Thursday, reaching $22.15. 7,967 shares of the company were exchanged, compared to its average volume of 9,257. The stock’s fifty day moving average price is $22.55 and its 200 day moving average price is $22.70. IDX Dynamic Fixed Income ETF has a 12 month low of $22.19 and a 12 month high of $23.40.

IDX Dynamic Fixed Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 24th. Investors of record on Wednesday, September 23rd were paid a dividend of $0.0842 per share. This is a positive change from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.0761. This represents a $1.01 annualized dividend and a yield of 4.6%. The ex-dividend date was Wednesday, September 23rd.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. Palladiem LLC bought a new position in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF comprises about 5.6% of Palladiem LLC’s investment portfolio, making the stock its 8th biggest holding. Palladiem LLC owned 10.25% of IDX Dynamic Fixed Income ETF at the end of the most recent reporting period.

IDX Dynamic Fixed Income ETF Company Profile

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.