FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Down 33.2% in December

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,304 shares, a decrease of 33.2% from the November 30th total of 1,952 shares. Based on an average daily volume of 877 shares, the short-interest ratio is currently 1.5 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 877 shares, the short-interest ratio is currently 1.5 days.

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

Shares of NYSEARCA FEDM traded down $0.27 during trading on Monday, hitting $59.26. The company had a trading volume of 140 shares, compared to its average volume of 4,207. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52 week low of $43.00 and a 52 week high of $60.49. The business’s 50-day moving average is $58.25 and its 200 day moving average is $56.84. The company has a market cap of $72.89 million, a P/E ratio of 17.40 and a beta of 0.82.

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.