FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Update

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,716 shares, an increase of 31.6% from the December 15th total of 1,304 shares. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is currently 2.3 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Trading Up 0.2%

Shares of FEDM stock opened at $60.73 on Tuesday. The company has a market cap of $75.91 million, a PE ratio of 17.40 and a beta of 0.82. The company’s fifty day simple moving average is $58.99 and its 200-day simple moving average is $57.40. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52 week low of $43.00 and a 52 week high of $61.30.

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.