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

IDX Dynamic Innovation ETF (NASDAQ:DYNI) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,500 shares, an increase of 25.0% from the February 13th total of 1,200 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is presently 0.2 days.

IDX Dynamic Innovation ETF Stock Performance

Shares of IDX Dynamic Innovation ETF stock traded down $0.24 on Tuesday, hitting $25.88. The company had a trading volume of 4,083 shares, compared to its average volume of 6,985. The stock has a market capitalization of $16.05 million, a price-to-earnings ratio of 26.00 and a beta of 1.29. IDX Dynamic Innovation ETF has a 1 year low of $25.34 and a 1 year high of $30.35. The stock has a 50 day moving average of $28.26 and a 200-day moving average of $28.32.

IDX Dynamic Innovation ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were given a dividend of $0.1547 per share. The ex-dividend date was Tuesday, December 24th.

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.