FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Short Interest Up 2,753.5% in June

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 107,236 shares, a growth of 2,753.5% from the June 15th total of 3,758 shares. Currently, 4.1% of the shares of the stock are short sold. Based on an average trading volume of 19,108 shares, the days-to-cover ratio is presently 5.6 days.

FlexShares International Quality Dividend Dynamic Index Fund Price Performance

Shares of NYSEARCA IQDY traded up $0.40 during midday trading on Friday, hitting $42.75. The stock had a trading volume of 3,123 shares, compared to its average volume of 7,486. The company’s 50-day simple moving average is $42.39 and its 200 day simple moving average is $40.08. The firm has a market cap of $111.15 million, a P/E ratio of 12.34 and a beta of 0.87. FlexShares International Quality Dividend Dynamic Index Fund has a fifty-two week low of $31.82 and a fifty-two week high of $44.33.

Institutional Trading of FlexShares International Quality Dividend Dynamic Index Fund

A hedge fund recently bought a new position in FlexShares International Quality Dividend Dynamic Index Fund stock. Reliant Wealth Planning acquired a new position in shares of FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,165 shares of the company’s stock, valued at approximately $209,000. Reliant Wealth Planning owned 0.26% of FlexShares International Quality Dividend Dynamic Index Fund as of its most recent SEC filing.

About FlexShares International Quality Dividend Dynamic Index Fund

The FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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 and weighted by dividend yield and other fundamentals. The index aims for higher market risk. IQDY was launched on Apr 12, 2013 and is managed by FlexShares.