FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Shares Shorted: Short Interest Up 155.7% in October

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 11,301 shares, an increase of 155.7% from the October 15th total of 4,419 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 25,610 shares, the short-interest ratio is currently 0.4 days.

FlexShares Quality Dividend Index Fund Price Performance

Shares of FlexShares Quality Dividend Index Fund stock traded down $0.28 on Friday, reaching $90.01. 6,149 shares of the company traded hands, compared to its average volume of 26,778. FlexShares Quality Dividend Index Fund has a 52 week low of $76.95 and a 52 week high of $93.89. The company has a 50 day moving average of $90.91 and a 200 day moving average of $87.65. The firm has a market capitalization of $2.16 billion, a PE ratio of 18.01 and a beta of 0.92.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Hedge funds have recently modified their holdings of the stock. Keybank National Association OH purchased a new stake in FlexShares Quality Dividend Index Fund in the third quarter worth $48,406,000. Bank of New York Mellon Corp lifted its position in shares of FlexShares Quality Dividend Index Fund by 17.6% during the 1st quarter. Bank of New York Mellon Corp now owns 426,191 shares of the company’s stock valued at $33,707,000 after buying an additional 63,830 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of FlexShares Quality Dividend Index Fund by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 326,259 shares of the company’s stock valued at $29,337,000 after buying an additional 8,322 shares during the last quarter. Bank of America Corp DE lifted its position in shares of FlexShares Quality Dividend Index Fund by 20.4% during the 1st quarter. Bank of America Corp DE now owns 302,356 shares of the company’s stock valued at $23,913,000 after buying an additional 51,251 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of FlexShares Quality Dividend Index Fund by 7.3% during the 2nd quarter. Baird Financial Group Inc. now owns 209,577 shares of the company’s stock worth $18,845,000 after acquiring an additional 14,256 shares during the period.

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.