FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Short Interest Up 179.9% in February

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,712 shares, an increase of 179.9% from the January 29th total of 969 shares. Based on an average daily volume of 26,830 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 26,830 shares, the short-interest ratio is presently 0.1 days.

FlexShares Quality Dividend Index Fund Trading Down 0.6%

Shares of QDF traded down $0.51 during trading hours on Friday, reaching $83.31. 30,984 shares of the company traded hands, compared to its average volume of 29,425. The stock’s fifty day moving average price is $82.31 and its 200 day moving average price is $80.27. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 21.14 and a beta of 0.93. FlexShares Quality Dividend Index Fund has a 12-month low of $58.79 and a 12-month high of $84.28.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several large investors have recently added to or reduced their stakes in QDF. Kestra Advisory Services LLC boosted its holdings in shares of FlexShares Quality Dividend Index Fund by 9.5% in the fourth quarter. Kestra Advisory Services LLC now owns 9,273 shares of the company’s stock valued at $749,000 after purchasing an additional 806 shares during the period. Focus Partners Wealth increased its holdings in FlexShares Quality Dividend Index Fund by 135.0% during the 4th quarter. Focus Partners Wealth now owns 203,772 shares of the company’s stock worth $16,467,000 after purchasing an additional 117,065 shares during the period. Cetera Investment Advisers raised its position in FlexShares Quality Dividend Index Fund by 3.5% during the 4th quarter. Cetera Investment Advisers now owns 13,774 shares of the company’s stock valued at $1,113,000 after purchasing an additional 460 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of FlexShares Quality Dividend Index Fund by 8.6% in the 4th quarter. NewEdge Advisors LLC now owns 6,840 shares of the company’s stock worth $553,000 after buying an additional 543 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of FlexShares Quality Dividend Index Fund during the 4th quarter worth $284,000.

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.