FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Large Drop in Short Interest

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,436 shares, a drop of 36.4% from the July 15th total of 13,254 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 19,459 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several large investors have recently made changes to their positions in the company. WealthPoint Financial LLC raised its position in FlexShares Quality Dividend Index Fund by 3.4% during the first quarter. WealthPoint Financial LLC now owns 5,049 shares of the company’s stock valued at $399,000 after acquiring an additional 168 shares in the last quarter. CoreCap Advisors LLC grew its position in FlexShares Quality Dividend Index Fund by 17.6% in the second quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock worth $115,000 after acquiring an additional 192 shares in the last quarter. NewEdge Advisors LLC grew its position in FlexShares Quality Dividend Index Fund by 4.0% in the third quarter. NewEdge Advisors LLC now owns 6,297 shares of the company’s stock worth $500,000 after acquiring an additional 240 shares in the last quarter. McGinn Penninger Investment Management Inc. increased its stake in shares of FlexShares Quality Dividend Index Fund by 4.0% during the 4th quarter. McGinn Penninger Investment Management Inc. now owns 7,762 shares of the company’s stock worth $627,000 after purchasing an additional 301 shares during the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of FlexShares Quality Dividend Index Fund by 6.2% during the 1st quarter. Quantinno Capital Management LP now owns 5,365 shares of the company’s stock worth $424,000 after purchasing an additional 311 shares during the last quarter.

FlexShares Quality Dividend Index Fund Trading Down 0.2%

NYSEARCA QDF traded down $0.14 on Tuesday, reaching $92.69. The stock had a trading volume of 22,486 shares, compared to its average volume of 27,824. FlexShares Quality Dividend Index Fund has a 1 year low of $76.09 and a 1 year high of $93.89. The business has a 50 day moving average price of $90.48 and a 200 day moving average price of $86.16. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 21.14 and a beta of 0.91.

FlexShares Quality Dividend Index Fund Company Profile

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.