IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Stock Short Interest Climbs 331.1%

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 46,426 shares, a growth of 331.1% from the September 15th total of 10,770 shares. Based on an average daily volume of 19,210 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.6% of the shares of the company are short sold.

IDX Dynamic Fixed Income ETF Stock Performance

NASDAQ DYFI traded up $0.01 on Monday, hitting $22.25. 10,367 shares of the company’s stock were exchanged, compared to its average volume of 9,306. The firm’s 50-day moving average price is $22.50 and its two-hundred day moving average price is $22.67. IDX Dynamic Fixed Income ETF has a fifty-two week low of $22.16 and a fifty-two week high of $23.40.

IDX Dynamic Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 24th. Stockholders of record on Wednesday, September 23rd were issued a $0.0842 dividend. The ex-dividend date was Wednesday, September 23rd. This represents a $1.01 dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.0761.

About IDX Dynamic Fixed Income ETF

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.