FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Large Increase in Short Interest

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 213,940 shares, an increase of 113.5% from the September 30th total of 100,219 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 57,116 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Hedge funds have recently bought and sold shares of the stock. Bfsg LLC bought a new stake in shares of FlexShares International Quality Dividend Index Fund in the third quarter valued at about $173,000. MGO One Seven LLC acquired a new position in shares of FlexShares International Quality Dividend Index Fund during the 3rd quarter worth about $344,000. BIP Wealth LLC grew its stake in FlexShares International Quality Dividend Index Fund by 1.2% in the third quarter. BIP Wealth LLC now owns 50,196 shares of the company’s stock valued at $1,727,000 after purchasing an additional 583 shares in the last quarter. NBT Bank N.A. bought a new stake in FlexShares International Quality Dividend Index Fund during the third quarter worth $423,000. Finally, Mather Group LLC. bought a new position in shares of FlexShares International Quality Dividend Index Fund in the 3rd quarter valued at about $1,909,000.

FlexShares International Quality Dividend Index Fund Stock Performance

NYSEARCA:IQDF traded down $0.43 on Friday, reaching $33.64. The company’s stock had a trading volume of 42,348 shares, compared to its average volume of 71,311. FlexShares International Quality Dividend Index Fund has a 1-year low of $28.68 and a 1-year high of $36.52. The business’s 50-day moving average price is $34.92 and its two-hundred day moving average price is $33.98. The firm has a market cap of $1.12 billion, a PE ratio of 11.37 and a beta of 0.70.

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.