FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Large Decline in Short Interest

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 7,105 shares, a decrease of 45.0% from the July 30th total of 12,926 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 30,261 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of FlexShares International Quality Dividend Index Fund

A number of large investors have recently added to or reduced their stakes in IQDF. Highland Investment Advisors LLC acquired a new position in shares of FlexShares International Quality Dividend Index Fund during the 2nd quarter worth about $40,000. RVW Wealth LLC lifted its stake in FlexShares International Quality Dividend Index Fund by 3.6% in the 2nd quarter. RVW Wealth LLC now owns 15,875 shares of the company’s stock valued at $549,000 after purchasing an additional 557 shares during the last quarter. Curry Webb Wealth Management LLC acquired a new stake in FlexShares International Quality Dividend Index Fund in the 1st quarter valued at about $2,086,000. NewEdge Advisors LLC grew its holdings in FlexShares International Quality Dividend Index Fund by 40.9% during the first quarter. NewEdge Advisors LLC now owns 28,279 shares of the company’s stock worth $896,000 after purchasing an additional 8,204 shares during the period. Finally, Bank of America Corp DE grew its holdings in FlexShares International Quality Dividend Index Fund by 40.9% during the first quarter. Bank of America Corp DE now owns 111,998 shares of the company’s stock worth $3,547,000 after purchasing an additional 32,501 shares during the period.

FlexShares International Quality Dividend Index Fund Stock Down 0.5%

Shares of NYSEARCA:IQDF traded down $0.17 during midday trading on Tuesday, hitting $35.67. The stock had a trading volume of 12,261 shares, compared to its average volume of 76,587. FlexShares International Quality Dividend Index Fund has a 12 month low of $27.90 and a 12 month high of $36.22. The business’s 50-day simple moving average is $34.91 and its 200-day simple moving average is $33.96. The company has a market cap of $1.18 billion, a P/E ratio of 11.37 and a beta of 0.69.

About FlexShares International Quality Dividend Index Fund

The FlexShares International Quality Dividend Index Fund (IQDF) 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 by dividend payments and other fundamentals. The index aims for market-like risk. IQDF was launched on Apr 12, 2013 and is managed by FlexShares.