FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Stock Short Interest Report for September

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,987 shares, a decrease of 46.8% from the September 15th total of 5,618 shares. Based on an average daily volume of 31,518 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of FlexShares Quality Dividend Index Fund

Hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC boosted its holdings in FlexShares Quality Dividend Index Fund by 17.6% in the 2nd quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock valued at $115,000 after purchasing an additional 192 shares in the last quarter. WealthPoint Financial LLC increased its position in FlexShares Quality Dividend Index Fund by 3.4% during the 1st quarter. WealthPoint Financial LLC now owns 5,049 shares of the company’s stock worth $399,000 after purchasing an additional 168 shares during the period. DBK Financial Counsel LLC acquired a new position in FlexShares Quality Dividend Index Fund during the 1st quarter worth approximately $258,000. Bank of America Corp DE raised its stake in shares of FlexShares Quality Dividend Index Fund by 20.4% during the 1st quarter. Bank of America Corp DE now owns 302,356 shares of the company’s stock worth $23,913,000 after buying an additional 51,251 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of FlexShares Quality Dividend Index Fund by 2.6% during the 1st quarter. Royal Bank of Canada now owns 32,278 shares of the company’s stock worth $2,553,000 after buying an additional 807 shares in the last quarter.

FlexShares Quality Dividend Index Fund Stock Down 0.6%

Shares of NYSEARCA QDF traded down $0.54 during mid-day trading on Wednesday, hitting $90.99. 2,256 shares of the company were exchanged, compared to its average volume of 26,886. The stock has a 50 day simple moving average of $91.78 and a 200-day simple moving average of $88.82. FlexShares Quality Dividend Index Fund has a 1-year low of $76.95 and a 1-year high of $93.89. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 21.14 and a beta of 0.91.

About FlexShares Quality Dividend Index Fund

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.