FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Sees Significant Increase in Short Interest

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 3,877 shares, an increase of 111.2% from the August 15th total of 1,836 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,356 shares, the days-to-cover ratio is currently 2.9 days.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Stock Performance

Shares of NYSEARCA QLVD traded up $0.29 during trading on Monday, hitting $34.36. The company had a trading volume of 5,006 shares, compared to its average volume of 2,389. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a 12 month low of $30.51 and a 12 month high of $35.04. The firm has a market capitalization of $54.98 million, a P/E ratio of 16.48 and a beta of 0.50. The stock has a 50 day simple moving average of $34.17 and a 200 day simple moving average of $33.48.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Company Profile

The FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities from developed markets excluding the US. Holdings are selected for quality and low volatility. QLVD was launched on Jul 15, 2019 and is managed by FlexShares.