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

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 2,273 shares, a decrease of 16.2% from the February 12th total of 2,712 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 26,771 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 26,771 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

FlexShares Quality Dividend Index Fund Stock Up 1.1%

Shares of FlexShares Quality Dividend Index Fund stock traded up $0.84 on Monday, reaching $80.54. The company’s stock had a trading volume of 6,760 shares, compared to its average volume of 31,501. The company has a market capitalization of $2.02 billion, a P/E ratio of 21.14 and a beta of 0.93. The stock has a 50-day moving average price of $82.38 and a 200-day moving average price of $80.65. FlexShares Quality Dividend Index Fund has a 52-week low of $58.79 and a 52-week high of $84.28.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

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

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.