IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Sees Large Growth in Short Interest

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 11,400 shares, an increase of 115.1% from the August 31st total of 5,300 shares. Based on an average trading volume of 18,300 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 18,300 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

A hedge fund recently raised its stake in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. increased its position in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) by 1,351.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,774 shares of the company’s stock after acquiring an additional 10,963 shares during the period. JPMorgan Chase & Co. owned about 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 at the end of the most recent reporting period.

IDX Dynamic Fixed Income ETF Stock Performance

Shares of NASDAQ DYFI opened at $23.33 on Monday. IDX Dynamic Fixed Income ETF has a twelve month low of $22.23 and a twelve month high of $23.80. The company has a 50 day moving average of $23.28 and a 200 day moving average of $23.09.

IDX Dynamic Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 25th. Investors of record on Wednesday, September 24th were issued a $0.1052 dividend. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Wednesday, September 24th. This is an increase from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.07.

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.