FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Sees Significant Increase in Short Interest

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,915 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 7,563 shares, the short-interest ratio is presently 0.3 days.

FlexShares Quality Dividend Defensive Index Fund Stock Performance

Shares of FlexShares Quality Dividend Defensive Index Fund stock traded down $0.88 during trading hours on Friday, reaching $90.66. The company’s stock had a trading volume of 9,444 shares, compared to its average volume of 8,788. The company’s 50 day simple moving average is $90.63 and its 200 day simple moving average is $86.53. FlexShares Quality Dividend Defensive Index Fund has a one year low of $77.96 and a one year high of $91.97. The stock has a market cap of $550.31 million, a P/E ratio of 20.05 and a beta of 0.82.

Institutional Investors Weigh In On FlexShares Quality Dividend Defensive Index Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. BOKF NA bought a new position in FlexShares Quality Dividend Defensive Index Fund in the third quarter worth about $82,000. NORTHSTAR ASSET MANAGEMENT Co acquired a new position in FlexShares Quality Dividend Defensive Index Fund in the third quarter valued at approximately $229,000. WoodTrust Financial Corp bought a new position in shares of FlexShares Quality Dividend Defensive Index Fund during the third quarter valued at approximately $399,000. Ledyard National Bank bought a new position in shares of FlexShares Quality Dividend Defensive Index Fund during the third quarter valued at approximately $490,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of FlexShares Quality Dividend Defensive Index Fund during the 2nd quarter worth approximately $515,000.

FlexShares Quality Dividend Defensive Index Fund Company Profile

The FlexShares Quality Dividend Defensive Index Fund (QDEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index. QDEF was launched on Dec 14, 2012 and is managed by FlexShares.