FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Short Interest Update

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 84,473 shares, a growth of 137.8% from the April 30th total of 35,520 shares. Based on an average trading volume of 46,736 shares, the short-interest ratio is presently 1.8 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Montag A & Associates Inc. acquired a new position in shares of FlexShares International Quality Dividend Index Fund during the fourth quarter worth about $53,000. GGM Financials LLC acquired a new position in FlexShares International Quality Dividend Index Fund in the 4th quarter worth $73,000. PFG Advisors acquired a new position in FlexShares International Quality Dividend Index Fund in the 4th quarter worth $203,000. Meritage Portfolio Management acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the 4th quarter valued at about $205,000. Finally, Cabot Wealth Management Inc. acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the 4th quarter valued at about $216,000.

FlexShares International Quality Dividend Index Fund Stock Performance

Shares of NYSEARCA:IQDF traded down $0.08 during midday trading on Friday, hitting $34.82. 47,947 shares of the company’s stock traded hands, compared to its average volume of 88,639. The firm’s fifty day moving average price is $33.26 and its two-hundred day moving average price is $32.04. FlexShares International Quality Dividend Index Fund has a twelve month low of $26.00 and a twelve month high of $35.08. The company has a market cap of $1.15 billion, a PE ratio of 11.37 and a beta of 0.69.

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.