FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Up 169.6% in February

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 5,076 shares, an increase of 169.6% from the February 12th total of 1,883 shares. Based on an average daily trading volume, of 1,841 shares, the short-interest ratio is currently 2.8 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,841 shares, the short-interest ratio is currently 2.8 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Price Performance

NYSEARCA:FEDM traded down $0.30 during trading hours on Wednesday, reaching $59.88. 5,635 shares of the company were exchanged, compared to its average volume of 1,707. The company has a market capitalization of $76.05 million, a P/E ratio of 17.40 and a beta of 0.82. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 1-year low of $43.00 and a 1-year high of $64.02. The business has a 50 day moving average of $61.60 and a 200 day moving average of $59.10.

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.