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

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw 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 shares of the company are short sold. Based on an average trading volume of 41,369 shares, the days-to-cover ratio is currently 2.3 days.

FlexShares International Quality Dividend Index Fund Price Performance

NYSEARCA:IQDF traded up $0.21 during trading hours on Friday, reaching $35.89. The company had a trading volume of 2,512 shares, compared to its average volume of 74,620. FlexShares International Quality Dividend Index Fund has a 1-year low of $27.91 and a 1-year high of $36.52. The business’s 50 day moving average price is $35.20 and its 200-day moving average price is $34.10. The firm has a market cap of $1.18 billion, a PE ratio of 11.37 and a beta of 0.70.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in FlexShares International Quality Dividend Index Fund in the second quarter valued at $113,000. NewEdge Advisors LLC raised its holdings in FlexShares International Quality Dividend Index Fund by 1.1% in the 2nd quarter. NewEdge Advisors LLC now owns 28,585 shares of the company’s stock worth $988,000 after purchasing an additional 306 shares during the period. Baird Financial Group Inc. raised its holdings in FlexShares International Quality Dividend Index Fund by 16.3% in the 2nd quarter. Baird Financial Group Inc. now owns 56,944 shares of the company’s stock worth $1,968,000 after purchasing an additional 7,995 shares during the period. Highland Investment Advisors LLC purchased a new position in FlexShares International Quality Dividend Index Fund during the second quarter worth approximately $40,000. Finally, RVW Wealth LLC grew its holdings in FlexShares International Quality Dividend Index Fund by 3.6% in the second quarter. RVW Wealth LLC now owns 15,875 shares of the company’s stock valued at $549,000 after purchasing an additional 557 shares during the period.

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.