FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Sees Large Increase in Short Interest

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,716 shares, an increase of 31.6% from the December 15th total of 1,304 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.1% of the company’s stock are sold short.

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 $0.10 during midday trading on Monday, hitting $60.73. 17 shares of the company were exchanged, compared to its average volume of 2,820. The company has a market cap of $75.91 million, a PE ratio of 17.40 and a beta of 0.82. The company’s fifty day moving average price is $58.94 and its 200-day moving average price is $57.37. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a fifty-two week low of $43.00 and a fifty-two week high of $61.30.

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.