FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Short Interest Down 33.9% in August

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 6,195 shares, a drop of 33.9% from the August 15th total of 9,372 shares. Based on an average trading volume of 4,375 shares, the short-interest ratio is currently 1.4 days. Approximately 0.2% of the shares of the stock are short sold.

FlexShares International Quality Dividend Dynamic Index Fund Trading Down 2.0%

Shares of IQDY traded down $0.84 during mid-day trading on Friday, reaching $42.30. The company’s stock had a trading volume of 2,009 shares, compared to its average volume of 7,501. FlexShares International Quality Dividend Dynamic Index Fund has a 52 week low of $33.35 and a 52 week high of $44.46. The stock has a market cap of $85.01 million, a PE ratio of 12.34 and a beta of 0.88. The company’s fifty day moving average price is $43.06 and its two-hundred day moving average price is $41.58.

About FlexShares International Quality Dividend Dynamic Index Fund

The FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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 and weighted by dividend yield and other fundamentals. The index aims for higher market risk. IQDY was launched on Apr 12, 2013 and is managed by FlexShares.