FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Stock Short Interest Rises 889.8%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,671 shares, a growth of 889.8% from the August 31st total of 775 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 4,677 shares, the days-to-cover ratio is currently 1.6 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Up 0.8%

FEDM stock traded up $0.49 during mid-day trading on Friday, reaching $64.66. 110 shares of the stock traded hands, compared to its average volume of 1,835. 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 business has a 50-day moving average of $65.25 and a two-hundred day moving average of $62.65. The firm has a market capitalization of $82.11 million, a PE ratio of 17.40 and a beta of 0.79.

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.