Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Rises By 28.7%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 1,091 shares, a growth of 28.7% from the January 15th total of 848 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,216 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 1,216 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are sold short.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Down 0.3%

Shares of FEDM stock opened at $63.05 on Wednesday. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 12 month low of $43.00 and a 12 month high of $63.71. The company’s fifty day simple moving average is $60.74 and its 200-day simple moving average is $58.43. The firm has a market cap of $80.07 million, a PE ratio of 17.40 and a beta of 0.82.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Company Profile

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.