FlexShares Emerging Markets Quality Low Volatility Index Fund (NYSEARCA:QLVE) Sees Significant Increase in Short Interest

FlexShares Emerging Markets Quality Low Volatility Index Fund (NYSEARCA:QLVE) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 138 shares, a growth of 475.0% from the August 31st total of 24 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 105 shares, the days-to-cover ratio is currently 1.3 days.

FlexShares Emerging Markets Quality Low Volatility Index Fund Price Performance

Shares of QLVE opened at $33.98 on Friday. The company’s fifty day moving average price is $33.63 and its 200-day moving average price is $32.79. FlexShares Emerging Markets Quality Low Volatility Index Fund has a 1-year low of $28.16 and a 1-year high of $35.16. The firm has a market capitalization of $16.99 million, a PE ratio of 15.90 and a beta of 0.52.

FlexShares Emerging Markets Quality Low Volatility Index Fund Company Profile

The FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities from emerging markets. Holdings are selected for quality and low volatility. QLVE was launched on Jul 15, 2019 and is managed by FlexShares.