IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Sees Significant Drop in Short Interest

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 600 shares, a drop of 92.8% from the September 30th total of 8,300 shares. Based on an average daily trading volume, of 13,600 shares, the days-to-cover ratio is currently 0.0 days.

IDX Dynamic Fixed Income ETF Trading Down 0.1 %

Shares of DYFI traded down $0.02 on Friday, reaching $23.51. The company’s stock had a trading volume of 4,268 shares, compared to its average volume of 12,143. IDX Dynamic Fixed Income ETF has a twelve month low of $23.32 and a twelve month high of $25.20. The firm has a fifty day moving average of $23.82 and a 200-day moving average of $23.99.

IDX Dynamic Fixed Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, October 24th will be paid a $0.0852 dividend. This represents a $1.02 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Thursday, October 24th.

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.