CI Canadian Convertible Bond ETF Common (TSE:CXF) Shares Down 0.3% – Should You Sell?

Shares of CI Canadian Convertible Bond ETF Common (TSE:CXFGet Free Report) fell 0.3% during mid-day trading on Friday . The company traded as low as C$10.04 and last traded at C$10.07. 1,301 shares were traded during mid-day trading, a decline of 79% from the average session volume of 6,334 shares. The stock had previously closed at C$10.10.

CI Canadian Convertible Bond ETF Common Stock Down 0.3 %

The company’s 50 day moving average is C$9.95 and its 200-day moving average is C$9.78.

CI Canadian Convertible Bond ETF Common Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.04 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.48 annualized dividend and a dividend yield of 4.77%.

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.

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