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

IDX Dynamic Innovation ETF (NASDAQ:DYNI) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 12,000 shares, an increase of 605.9% from the December 31st total of 1,700 shares. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is presently 1.1 days.

IDX Dynamic Innovation ETF Stock Performance

Shares of NASDAQ DYNI opened at $28.95 on Wednesday. The firm has a fifty day simple moving average of $28.90 and a two-hundred day simple moving average of $28.27. IDX Dynamic Innovation ETF has a 12 month low of $25.76 and a 12 month high of $30.35.

IDX Dynamic Innovation ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were paid a $0.1547 dividend. 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.