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

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,472 shares, a drop of 73.3% from the May 31st total of 13,028 shares. Based on an average daily volume of 7,193 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

FlexShares Quality Dividend Defensive Index Fund Trading Up 0.2%

NYSEARCA QDEF opened at $85.59 on Friday. The company has a market cap of $530.66 million, a price-to-earnings ratio of 20.05 and a beta of 0.83. The company has a 50 day moving average of $86.25 and a 200-day moving average of $83.41. FlexShares Quality Dividend Defensive Index Fund has a 1-year low of $73.37 and a 1-year high of $88.34.

Institutional Trading of FlexShares Quality Dividend Defensive Index Fund

Institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers lifted its position in FlexShares Quality Dividend Defensive Index Fund by 0.9% during the first quarter. Cetera Investment Advisers now owns 19,118 shares of the company’s stock worth $1,526,000 after purchasing an additional 168 shares during the period. Equitable Holdings Inc. raised its position in shares of FlexShares Quality Dividend Defensive Index Fund by 2.9% in the 4th quarter. Equitable Holdings Inc. now owns 9,235 shares of the company’s stock valued at $748,000 after buying an additional 260 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 32,100.0% during the 4th quarter. Wells Fargo & Company MN now owns 322 shares of the company’s stock worth $26,000 after acquiring an additional 321 shares during the period. Royal Bank of Canada lifted its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 1.5% during the 1st quarter. Royal Bank of Canada now owns 23,663 shares of the company’s stock worth $1,889,000 after acquiring an additional 349 shares during the period. Finally, Blair William & Co. IL boosted its position in shares of FlexShares Quality Dividend Defensive Index Fund by 2.0% during the 4th quarter. Blair William & Co. IL now owns 18,395 shares of the company’s stock worth $1,489,000 after acquiring an additional 356 shares in the last quarter.

FlexShares Quality Dividend Defensive Index Fund Company Profile

The FlexShares Quality Dividend Defensive Index Fund (QDEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index. QDEF was launched on Dec 14, 2012 and is managed by FlexShares.