FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 7,596 shares, an increase of 60.7% from the July 30th total of 4,728 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 6,002 shares, the short-interest ratio is currently 1.3 days.
FlexShares US Quality Low Volatility Index Fund Stock Performance
Shares of NYSEARCA QLV traded up $0.34 during mid-day trading on Wednesday, reaching $80.06. The company had a trading volume of 201 shares, compared to its average volume of 11,717. The stock has a market capitalization of $168.13 million, a PE ratio of 21.43 and a beta of 0.69. The stock’s 50 day moving average is $78.07 and its 200-day moving average is $75.57. FlexShares US Quality Low Volatility Index Fund has a twelve month low of $70.32 and a twelve month high of $80.63.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of FlexShares US Quality Low Volatility Index Fund during the second quarter valued at about $38,000. Raymond James Financial Inc. bought a new position in shares of FlexShares US Quality Low Volatility Index Fund in the second quarter worth about $61,000. Kestra Advisory Services LLC acquired a new position in FlexShares US Quality Low Volatility Index Fund during the 4th quarter worth $90,000. Alpha Capital Advisors Inc. ADV bought a new position in FlexShares US Quality Low Volatility Index Fund in the fourth quarter valued at about $247,000. Finally, Cetera Investment Advisers acquired a new stake in FlexShares US Quality Low Volatility Index Fund in the second quarter worth about $342,000.
FlexShares US Quality Low Volatility Index Fund Company Profile
The FlexShares US Quality Low Volatility Index Fund (QLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, market-cap-weighted index of US large- and mid-cap equities. QLV was launched on Jul 15, 2019 and is managed by FlexShares.
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