IDX Dynamic Innovation ETF (NASDAQ:DYNI) Sees Significant Increase in Short Interest

IDX Dynamic Innovation ETF (NASDAQ:DYNI) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,200 shares, an increase of 46.7% from the February 28th total of 1,500 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are short sold.

IDX Dynamic Innovation ETF Price Performance

Shares of DYNI stock traded up $0.09 during mid-day trading on Tuesday, hitting $25.78. The stock had a trading volume of 4,840 shares, compared to its average volume of 6,647. The company’s 50-day simple moving average is $27.79 and its 200-day simple moving average is $28.21. The firm has a market cap of $15.98 million, a PE ratio of 25.10 and a beta of 1.29. IDX Dynamic Innovation ETF has a fifty-two week low of $25.34 and a fifty-two week high of $30.35.

About IDX Dynamic Innovation ETF

The IDX Dynamic Innovation ETF (DYNI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that invests in technology equity ETFs with exposure to companies from around the world with addressable markets perceived to have potential for widespread adoption.