FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Stock Short Interest Rises 286.1%

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 100,219 shares, an increase of 286.1% from the September 15th total of 25,958 shares. Based on an average daily volume of 50,398 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Keybank National Association OH grew its position in shares of FlexShares International Quality Dividend Index Fund by 8.1% in the first quarter. Keybank National Association OH now owns 3,092,929 shares of the company’s stock valued at $97,953,000 after purchasing an additional 232,724 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in FlexShares International Quality Dividend Index Fund by 14.3% during the 1st quarter. Bank of New York Mellon Corp now owns 859,058 shares of the company’s stock worth $27,206,000 after purchasing an additional 107,281 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in FlexShares International Quality Dividend Index Fund by 4.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 606,604 shares of the company’s stock worth $20,964,000 after purchasing an additional 27,609 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in FlexShares International Quality Dividend Index Fund by 45.6% during the 1st quarter. Wealthfront Advisers LLC now owns 137,173 shares of the company’s stock worth $4,344,000 after purchasing an additional 42,991 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in FlexShares International Quality Dividend Index Fund by 40.9% in the 1st quarter. Bank of America Corp DE now owns 111,998 shares of the company’s stock valued at $3,547,000 after purchasing an additional 32,501 shares during the period.

FlexShares International Quality Dividend Index Fund Trading Down 0.3%

Shares of NYSEARCA:IQDF traded down $0.12 on Monday, hitting $34.27. The company had a trading volume of 29,893 shares, compared to its average volume of 72,407. FlexShares International Quality Dividend Index Fund has a 1-year low of $28.15 and a 1-year high of $36.52. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 11.37 and a beta of 0.70. The stock has a 50 day moving average price of $35.40 and a 200 day moving average price of $34.47.

About FlexShares International Quality Dividend Index Fund

The FlexShares International Quality Dividend Index Fund (IQDF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of non-US companies from developed and emerging markets selected by dividend payments and other fundamentals. The index aims for market-like risk. IQDF was launched on Apr 12, 2013 and is managed by FlexShares.