IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Short Interest Up 73.7% in July

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,152 shares, a growth of 73.7% from the July 15th total of 2,966 shares. Based on an average trading volume of 4,969 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in IDX Dynamic Fixed Income ETF stock. Palladiem LLC acquired a new stake in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF accounts for 5.6% of Palladiem LLC’s portfolio, making the stock its 8th biggest holding. Palladiem LLC owned 10.25% of IDX Dynamic Fixed Income ETF as of its most recent filing with the Securities & Exchange Commission.

IDX Dynamic Fixed Income ETF Stock Performance

Shares of NASDAQ:DYFI remained flat at $22.65 during midday trading on Tuesday. The stock had a trading volume of 3,233 shares, compared to its average volume of 8,188. The stock’s fifty day moving average is $22.70 and its 200 day moving average is $22.85. IDX Dynamic Fixed Income ETF has a 12 month low of $22.50 and a 12 month high of $23.47.

IDX Dynamic Fixed Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 22nd were issued a $0.1069 dividend. This is an increase from IDX Dynamic Fixed Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Wednesday, July 22nd.

IDX Dynamic Fixed Income ETF Company Profile

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.