Short Interest in FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Expands By 117.9%

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

FlexShares Quality Dividend Index Fund Trading Up 0.8%

Shares of QDF stock traded up $0.70 on Thursday, reaching $90.83. The company had a trading volume of 17,789 shares, compared to its average volume of 27,999. The stock has a market cap of $2.22 billion, a PE ratio of 21.14 and a beta of 0.91. The company has a 50-day moving average of $89.41 and a 200-day moving average of $85.12. FlexShares Quality Dividend Index Fund has a 12 month low of $73.62 and a 12 month high of $91.58.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several large investors have recently bought and sold shares of QDF. Flagship Harbor Advisors LLC bought a new position in shares of FlexShares Quality Dividend Index Fund during the fourth quarter worth $45,000. International Assets Investment Management LLC acquired a new stake in FlexShares Quality Dividend Index Fund during the 4th quarter worth $80,000. CoreCap Advisors LLC raised its stake in FlexShares Quality Dividend Index Fund by 17.6% during the 2nd quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock worth $115,000 after buying an additional 192 shares during the period. Wealth Enhancement Trust Services Inc. bought a new position in FlexShares Quality Dividend Index Fund during the fourth quarter worth about $111,000. Finally, IFP Advisors Inc grew its stake in FlexShares Quality Dividend Index Fund by 64.5% in the fourth quarter. IFP Advisors Inc now owns 1,614 shares of the company’s stock valued at $130,000 after acquiring an additional 633 shares during the period.

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.