FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Short Interest Down 40.7% in July

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 12,926 shares, a drop of 40.7% from the July 15th total of 21,813 shares. Based on an average daily volume of 59,358 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its holdings in shares of FlexShares International Quality Dividend Index Fund by 278.8% during the 2nd quarter. Jane Street Group LLC now owns 37,274 shares of the company’s stock worth $1,010,000 after purchasing an additional 27,433 shares in the last quarter. MML Investors Services LLC grew its stake in FlexShares International Quality Dividend Index Fund by 2.1% during the second quarter. MML Investors Services LLC now owns 89,144 shares of the company’s stock worth $2,416,000 after buying an additional 1,806 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in FlexShares International Quality Dividend Index Fund by 16.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,481 shares of the company’s stock valued at $470,000 after buying an additional 2,383 shares during the period. Regal Investment Advisors LLC increased its holdings in FlexShares International Quality Dividend Index Fund by 6.2% in the 3rd quarter. Regal Investment Advisors LLC now owns 17,256 shares of the company’s stock valued at $492,000 after buying an additional 1,011 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in FlexShares International Quality Dividend Index Fund by 9.0% in the 3rd quarter. Raymond James Financial Inc. now owns 68,219 shares of the company’s stock valued at $1,947,000 after buying an additional 5,614 shares during the period.

FlexShares International Quality Dividend Index Fund Stock Performance

NYSEARCA IQDF opened at $35.60 on Monday. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 11.37 and a beta of 0.69. The company has a 50 day moving average of $34.70 and a 200-day moving average of $33.73. FlexShares International Quality Dividend Index Fund has a 1-year low of $27.90 and a 1-year high of $35.88.

FlexShares International Quality Dividend Index Fund Company Profile

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.