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CI Canadian Convertible Bond ETF Common (TSE:CXF) Trading Down 1.4% - Time to Sell?

CI Canadian Convertible Bond ETF Common logo with Manufacturing background

CI Canadian Convertible Bond ETF Common (TSE:CXF - Get Free Report)'s share price fell 1.4% during mid-day trading on Monday . The company traded as low as C$10.11 and last traded at C$10.11. 5,512 shares were traded during trading, a decline of 38% from the average session volume of 8,896 shares. The stock had previously closed at C$10.25.

CI Canadian Convertible Bond ETF Common Trading Down 1.4 %

The firm has a fifty day simple moving average of C$10.20 and a 200 day simple moving average of C$10.02.

CI Canadian Convertible Bond ETF Common Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 25th were paid a $0.04 dividend. The ex-dividend date was Friday, October 25th. This represents a $0.48 dividend on an annualized basis and a yield of 4.75%.

About CI Canadian Convertible Bond ETF Common

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Chimerix, Inc, a biopharmaceutical company, develops medicines to enhance the lives of patients living with serious diseases. The company's approved product is TEMBEXA (brincidofovir), a lipid conjugate through inhibition of viral DNA synthesis that is developed as a medical countermeasure for smallpox.

Further Reading

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