FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Update

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 872 shares, a decrease of 80.1% from the July 30th total of 4,389 shares. Based on an average trading volume of 824 shares, the short-interest ratio is currently 1.1 days. Currently, 0.1% of the company’s stock are short sold.

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

FEDM traded down $0.02 during trading on Wednesday, reaching $66.93. 2,069 shares of the stock were exchanged, compared to its average volume of 1,678. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a twelve month low of $53.54 and a twelve month high of $66.95. The stock has a market cap of $82.32 million, a P/E ratio of 17.40 and a beta of 0.79. The stock’s 50 day moving average price is $63.83 and its two-hundred day moving average price is $62.19.

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.