FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Short Interest Update

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,090 shares, an increase of 84.0% from the July 30th total of 2,223 shares. Based on an average daily trading volume, of 5,524 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On FlexShares Quality Dividend Defensive Index Fund

Large investors have recently modified their holdings of the stock. Wells Fargo & Company MN boosted its position in shares of FlexShares Quality Dividend Defensive Index Fund by 32,100.0% during the fourth quarter. Wells Fargo & Company MN now owns 322 shares of the company’s stock worth $26,000 after buying an additional 321 shares during the period. Laurel Wealth Advisors LLC bought a new position in FlexShares Quality Dividend Defensive Index Fund during the fourth quarter valued at about $39,000. Security National Bank purchased a new stake in FlexShares Quality Dividend Defensive Index Fund during the fourth quarter worth about $40,000. BOKF NA purchased a new stake in FlexShares Quality Dividend Defensive Index Fund during the third quarter worth about $80,000. Finally, PNC Financial Services Group Inc. raised its position in FlexShares Quality Dividend Defensive Index Fund by 87.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,049 shares of the company’s stock worth $85,000 after acquiring an additional 488 shares during the period.

FlexShares Quality Dividend Defensive Index Fund Stock Down 0.5%

QDEF traded down $0.49 on Monday, hitting $90.78. 3,007 shares of the company traded hands, compared to its average volume of 9,293. FlexShares Quality Dividend Defensive Index Fund has a 12-month low of $77.36 and a 12-month high of $91.80. The company has a 50 day moving average of $89.09 and a 200-day moving average of $85.84. The stock has a market capitalization of $558.30 million, a PE ratio of 20.05 and a beta of 0.82.

FlexShares Quality Dividend Defensive Index Fund Company Profile

The FlexShares Quality Dividend Defensive Index Fund (QDEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index. QDEF was launched on Dec 14, 2012 and is managed by FlexShares.