FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Shares Shorted: Short Interest Down 84.8% in October

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 32,607 shares, a drop of 84.8% from the October 15th total of 213,940 shares. Based on an average trading volume of 57,372 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

FlexShares International Quality Dividend Index Fund Stock Performance

Shares of FlexShares International Quality Dividend Index Fund stock traded down $0.20 on Thursday, reaching $33.51. The company had a trading volume of 52,835 shares, compared to its average volume of 71,235. The firm’s 50 day moving average price is $34.54 and its two-hundred day moving average price is $34.05. FlexShares International Quality Dividend Index Fund has a 52-week low of $28.68 and a 52-week high of $36.52. The firm has a market cap of $1.12 billion, a PE ratio of 11.78 and a beta of 0.71.

Institutional Trading of FlexShares International Quality Dividend Index Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Highland Investment Advisors LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund during the second quarter worth $40,000. Integrated Wealth Concepts LLC acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the second quarter valued at $113,000. Bfsg LLC acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the third quarter valued at $173,000. Bessemer Group Inc. acquired a new stake in shares of FlexShares International Quality Dividend Index Fund in the third quarter valued at $200,000. Finally, Cabot Wealth Management Inc. purchased a new stake in shares of FlexShares International Quality Dividend Index Fund in the 3rd quarter valued at $215,000.

FlexShares International Quality Dividend Index Fund Company Profile

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.