FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Down 33.2% in December

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,304 shares, a decrease of 33.2% from the November 30th total of 1,952 shares. Based on an average daily trading volume, of 877 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 877 shares, the days-to-cover ratio is currently 1.5 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Stock Down 0.5%

FEDM stock traded down $0.27 during mid-day trading on Monday, reaching $59.26. The company had a trading volume of 140 shares, compared to its average volume of 4,207. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a one year low of $43.00 and a one year high of $60.49. The stock has a market capitalization of $72.89 million, a P/E ratio of 17.40 and a beta of 0.82. The stock’s 50-day simple moving average is $58.25 and its two-hundred day simple moving average is $56.84.

About FlexShares ESG & Climate Developed Markets ex-US Core Index Fund

The FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a principles-based index of large-cap companies from the developed markets outside the US that exhibit environmental, social, and corporate governance (ESG) characteristics. FEDM was launched on Sep 20, 2021 and is managed by FlexShares.