Short Interest in FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Decreases By 99.0%

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 969 shares, a decline of 99.0% from the January 15th total of 94,837 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 28,080 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 28,080 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

FlexShares Quality Dividend Index Fund Stock Performance

Shares of FlexShares Quality Dividend Index Fund stock traded down $1.53 during midday trading on Thursday, hitting $82.33. 23,967 shares of the company traded hands, compared to its average volume of 30,757. The firm’s fifty day moving average price is $81.91 and its 200-day moving average price is $79.67. The stock has a market cap of $2.06 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 Inflows and Outflows

Several institutional investors have recently modified their holdings of QDF. Absolute Capital Management LLC boosted its holdings in shares of FlexShares Quality Dividend Index Fund by 3.5% during the 3rd quarter. Absolute Capital Management LLC now owns 4,559 shares of the company’s stock valued at $362,000 after acquiring an additional 154 shares in the last quarter. CoreCap Advisors LLC raised its position in FlexShares Quality Dividend Index Fund by 17.8% in the third quarter. CoreCap Advisors LLC now owns 1,065 shares of the company’s stock valued at $85,000 after purchasing an additional 161 shares during the last quarter. NewEdge Advisors LLC raised its position in FlexShares Quality Dividend Index Fund by 4.0% in the third quarter. NewEdge Advisors LLC now owns 6,297 shares of the company’s stock valued at $500,000 after purchasing an additional 240 shares during the last quarter. Magnus Financial Group LLC boosted its stake in shares of FlexShares Quality Dividend Index Fund by 0.4% during the third quarter. Magnus Financial Group LLC now owns 65,974 shares of the company’s stock valued at $5,238,000 after purchasing an additional 251 shares in the last quarter. Finally, McGinn Penninger Investment Management Inc. grew its holdings in shares of FlexShares Quality Dividend Index Fund by 4.0% during the fourth quarter. McGinn Penninger Investment Management Inc. now owns 7,762 shares of the company’s stock worth $627,000 after purchasing an additional 301 shares during the last quarter.

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.