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

IDX Dynamic Innovation ETF (NASDAQ:DYNI) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 800 shares, a growth of 166.7% from the September 30th total of 300 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.1 days.

IDX Dynamic Innovation ETF Stock Performance

Shares of DYNI traded down $0.14 during mid-day trading on Friday, hitting $27.93. 1,499 shares of the company’s stock were exchanged, compared to its average volume of 7,740. The firm has a fifty day moving average of $27.90 and a two-hundred day moving average of $28.01. IDX Dynamic Innovation ETF has a twelve month low of $25.70 and a twelve month 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.