FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Sees Significant Decrease in Short Interest

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 7,612 shares, a drop of 79.2% from the July 15th total of 36,636 shares. Based on an average daily volume of 19,441 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

FlexShares International Quality Dividend Dynamic Index Fund Stock Down 0.1%

Shares of IQDY stock traded down $0.05 during mid-day trading on Friday, hitting $43.71. 1,482 shares of the company’s stock were exchanged, compared to its average volume of 8,089. The stock has a market cap of $113.65 million, a price-to-earnings ratio of 12.34 and a beta of 0.87. FlexShares International Quality Dividend Dynamic Index Fund has a fifty-two week low of $32.85 and a fifty-two week high of $44.33. The stock has a 50-day simple moving average of $42.56 and a two-hundred day simple moving average of $40.94.

About FlexShares International Quality Dividend Dynamic Index Fund

The FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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 and weighted by dividend yield and other fundamentals. The index aims for higher market risk. IQDY was launched on Apr 12, 2013 and is managed by FlexShares.