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

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,400 shares, a decrease of 53.3% from the January 31st total of 3,000 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors 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 shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,166 shares of the company’s stock, valued at approximately $52,000. JPMorgan Chase & Co. owned approximately 0.18% of IDX Dynamic Fixed Income ETF as of its most recent filing with the Securities & Exchange Commission.

IDX Dynamic Fixed Income ETF Stock Performance

Shares of NASDAQ:DYFI traded up $0.02 during mid-day trading on Friday, reaching $23.34. 1,651 shares of the company were exchanged, compared to its average volume of 7,101. IDX Dynamic Fixed Income ETF has a 1 year low of $23.25 and a 1 year high of $25.16. The firm’s 50-day simple moving average is $23.33 and its 200 day simple moving average is $23.59.

IDX Dynamic Fixed Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 27th. Stockholders of record on Wednesday, February 26th were paid a $0.0628 dividend. The ex-dividend date of this dividend was Wednesday, February 26th. This is a boost from IDX Dynamic Fixed Income ETF’s previous dividend of $0.00.

IDX Dynamic Fixed Income ETF Company Profile

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.