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

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

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

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund stock traded up $0.28 during trading hours on Tuesday, reaching $59.54. The stock had a trading volume of 498 shares, compared to its average volume of 4,192. The company has a fifty day simple moving average of $58.25 and a 200-day simple moving average of $56.87. 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 stock has a market cap of $73.23 million, a PE ratio of 17.40 and a beta of 0.82.

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.