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

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 93,845 shares, a growth of 1,220.8% from the August 15th total of 7,105 shares. Based on an average daily volume of 41,369 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.3% of the shares of the stock are sold short.

FlexShares International Quality Dividend Index Fund Stock Performance

Shares of IQDF traded up $0.24 during mid-day trading on Friday, reaching $35.92. The stock had a trading volume of 22,072 shares, compared to its average volume of 74,746. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 11.37 and a beta of 0.70. FlexShares International Quality Dividend Index Fund has a 12 month low of $27.91 and a 12 month high of $36.52. The business has a fifty day moving average of $35.23 and a 200 day moving average of $34.11.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. NewEdge Advisors LLC increased its stake in FlexShares International Quality Dividend Index Fund by 1.1% in the 2nd quarter. NewEdge Advisors LLC now owns 28,585 shares of the company’s stock worth $988,000 after buying an additional 306 shares in the last quarter. RVW Wealth LLC lifted its position in shares of FlexShares International Quality Dividend Index Fund by 3.6% in the second quarter. RVW Wealth LLC now owns 15,875 shares of the company’s stock valued at $549,000 after acquiring an additional 557 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of FlexShares International Quality Dividend Index Fund by 6.6% in the fourth quarter. Cetera Investment Advisers now owns 11,613 shares of the company’s stock valued at $353,000 after acquiring an additional 716 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in shares of FlexShares International Quality Dividend Index Fund by 6.2% in the third quarter. Regal Investment Advisors LLC now owns 17,256 shares of the company’s stock worth $492,000 after acquiring an additional 1,011 shares during the period. Finally, Highland Investment Advisors LLC bought a new position in shares of FlexShares International Quality Dividend Index Fund in the second quarter worth about $40,000.

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.