IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Stock Short Interest Drops 91.4%

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 3,994 shares, a drop of 91.4% from the September 30th total of 46,426 shares. Based on an average daily volume of 8,378 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

IDX Dynamic Fixed Income ETF Trading Up 0.1%

Shares of IDX Dynamic Fixed Income ETF stock traded up $0.02 on Monday, hitting $22.25. 4,186 shares of the company were exchanged, compared to its average volume of 9,050. The company has a 50-day moving average price of $22.42 and a 200 day moving average price of $22.76. IDX Dynamic Fixed Income ETF has a 1-year low of $22.16 and a 1-year high of $23.40.

IDX Dynamic Fixed Income ETF Increases Dividend

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

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.