IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Short Interest Down 52.8% in March

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 2,500 shares, a decline of 52.8% from the February 28th total of 5,300 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 10,500 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new position in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,166 shares of the company’s stock, valued at approximately $52,000. JPMorgan Chase & Co. owned about 0.18% of IDX Dynamic Fixed Income ETF at the end of the most recent quarter.

IDX Dynamic Fixed Income ETF Stock Up 0.1 %

NASDAQ DYFI traded up $0.02 during trading on Friday, hitting $23.10. The stock had a trading volume of 7,952 shares, compared to its average volume of 11,541. IDX Dynamic Fixed Income ETF has a one year low of $23.01 and a one year high of $24.81. The stock has a 50 day simple moving average of $23.29 and a 200 day simple moving average of $23.51.

IDX Dynamic Fixed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were issued a dividend of $0.0955 per share. The ex-dividend date was Wednesday, March 26th. This represents a $1.15 dividend on an annualized basis and a yield of 4.96%. This is a boost from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.09.

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.