FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 93,845 shares, an increase of 1,220.8% from the August 15th total of 7,105 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 41,369 shares, the days-to-cover ratio is currently 2.3 days.
FlexShares International Quality Dividend Index Fund Stock Down 1.3%
IQDF traded down $0.46 during trading hours on Thursday, hitting $35.68. 44,149 shares of the company’s stock were exchanged, compared to its average volume of 75,051. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 11.37 and a beta of 0.70. FlexShares International Quality Dividend Index Fund has a 1-year low of $27.91 and a 1-year high of $36.52. The stock’s 50-day moving average is $35.20 and its two-hundred day moving average is $34.10.
Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund
Large investors have recently modified their holdings of the business. Highland Investment Advisors LLC bought a new position in shares of FlexShares International Quality Dividend Index Fund in the 2nd quarter valued at about $40,000. GGM Financials LLC bought a new stake in FlexShares International Quality Dividend Index Fund during the fourth quarter worth about $73,000. Integrated Wealth Concepts LLC acquired a new position in FlexShares International Quality Dividend Index Fund during the second quarter valued at approximately $113,000. WealthPlan Investment Management LLC acquired a new position in FlexShares International Quality Dividend Index Fund during the fourth quarter valued at approximately $247,000. Finally, Cetera Investment Advisers boosted its position in FlexShares International Quality Dividend Index Fund by 6.6% during the fourth quarter. Cetera Investment Advisers now owns 11,613 shares of the company’s stock valued at $353,000 after purchasing an additional 716 shares during the last quarter.
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.
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