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

FlexShares Quality Dividend Index Fund (NYSEARCA:QDFGet Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 13,254 shares, an increase of 117.9% from the June 30th total of 6,082 shares. Based on an average trading volume of 28,549 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

FlexShares Quality Dividend Index Fund Trading Up 0.8%

NYSEARCA:QDF traded up $0.70 during mid-day trading on Tuesday, hitting $91.45. 27,188 shares of the company’s stock were exchanged, compared to its average volume of 28,108. FlexShares Quality Dividend Index Fund has a fifty-two week low of $73.62 and a fifty-two week high of $91.55. The firm has a market capitalization of $2.24 billion, a P/E ratio of 21.14 and a beta of 0.91. The company has a 50 day simple moving average of $89.28 and a 200-day simple moving average of $84.99.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in QDF. Mayflower Financial Advisors LLC bought a new stake in FlexShares Quality Dividend Index Fund during the first quarter worth $210,000. VeraBank N.A. boosted its position in FlexShares Quality Dividend Index Fund by 0.4% during the fourth quarter. VeraBank N.A. now owns 460,560 shares of the company’s stock worth $37,218,000 after purchasing an additional 2,004 shares during the period. Global Retirement Partners LLC boosted its holdings in FlexShares Quality Dividend Index Fund by 6,259.8% in the 4th quarter. Global Retirement Partners LLC now owns 7,759 shares of the company’s stock worth $627,000 after buying an additional 7,637 shares during the period. International Assets Investment Management LLC purchased a new position in shares of FlexShares Quality Dividend Index Fund in the fourth quarter valued at $80,000. Finally, Oppenheimer & Co. Inc. purchased a new position in FlexShares Quality Dividend Index Fund during the 4th quarter valued at about $202,000.

About FlexShares Quality Dividend Index Fund

(Get Free Report)

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.

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