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

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,499 shares, a decline of 35.7% from the August 15th total of 6,994 shares. Based on an average trading volume of 24,283 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

FlexShares Quality Dividend Index Fund Price Performance

QDF stock traded down $0.59 during midday trading on Friday, reaching $90.39. 2,315 shares of the company were exchanged, compared to its average volume of 27,250. FlexShares Quality Dividend Index Fund has a one year low of $76.95 and a one year high of $93.89. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 21.14 and a beta of 0.91. The business has a 50-day moving average price of $91.65 and a two-hundred day moving average price of $87.52.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several hedge funds have recently bought and sold shares of the stock. Highland Investment Advisors LLC bought a new stake in FlexShares Quality Dividend Index Fund during the second quarter worth $36,000. CoreCap Advisors LLC lifted its position in shares of FlexShares Quality Dividend Index Fund by 17.6% during the second quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock valued at $115,000 after purchasing an additional 192 shares in the last quarter. IFP Advisors Inc boosted its holdings in FlexShares Quality Dividend Index Fund by 64.5% during the fourth quarter. IFP Advisors Inc now owns 1,614 shares of the company’s stock worth $130,000 after purchasing an additional 633 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of FlexShares Quality Dividend Index Fund in the second quarter valued at approximately $149,000. Finally, Mayflower Financial Advisors LLC purchased a new position in shares of FlexShares Quality Dividend Index Fund in the 1st quarter worth about $210,000.

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.