FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Update

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 3,452 shares, an increase of 90.6% from the June 30th total of 1,811 shares. Based on an average daily trading volume, of 1,718 shares, the short-interest ratio is presently 2.0 days. Approximately 0.3% of the shares of the stock are short sold.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Down 0.2%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund stock opened at $63.46 on Thursday. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52 week low of $53.54 and a 52 week high of $64.02. The firm’s 50-day simple moving average is $62.55 and its 200 day simple moving average is $61.56. The firm has a market capitalization of $78.06 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.