FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Short Interest Down 36.4% in July

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,436 shares, a drop of 36.4% from the July 15th total of 13,254 shares. Based on an average daily volume of 19,459 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

FlexShares Quality Dividend Index Fund Stock Performance

QDF traded up $0.44 during midday trading on Wednesday, reaching $93.13. 4,359 shares of the company were exchanged, compared to its average volume of 27,672. The stock has a market capitalization of $2.28 billion, a P/E ratio of 21.14 and a beta of 0.91. The stock’s 50-day simple moving average is $90.48 and its 200 day simple moving average is $86.16. FlexShares Quality Dividend Index Fund has a one year low of $76.09 and a one year high of $93.89.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in FlexShares Quality Dividend Index Fund in the fourth quarter worth $80,000. Wealth Enhancement Trust Services Inc. acquired a new stake in FlexShares Quality Dividend Index Fund during the 4th quarter worth $111,000. CoreCap Advisors LLC raised its stake in FlexShares Quality Dividend Index Fund by 17.6% during the 2nd quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock worth $115,000 after buying an additional 192 shares during the period. IFP Advisors Inc lifted its holdings in FlexShares Quality Dividend Index Fund by 64.5% during the fourth quarter. IFP Advisors Inc now owns 1,614 shares of the company’s stock worth $130,000 after acquiring an additional 633 shares in the last quarter. Finally, Cambient Family Office LLC bought a new position in FlexShares Quality Dividend Index Fund during the fourth quarter worth about $169,000.

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.