FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Short Interest Update

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 2,223 shares, a decrease of 80.6% from the July 15th total of 11,437 shares. Based on an average trading volume of 6,306 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On FlexShares Quality Dividend Defensive Index Fund

Institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN boosted its position in FlexShares Quality Dividend Defensive Index Fund by 32,100.0% during the fourth quarter. Wells Fargo & Company MN now owns 322 shares of the company’s stock worth $26,000 after acquiring an additional 321 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in FlexShares Quality Dividend Defensive Index Fund in the 4th quarter worth approximately $39,000. Security National Bank acquired a new position in FlexShares Quality Dividend Defensive Index Fund in the 4th quarter valued at $40,000. BOKF NA acquired a new position in FlexShares Quality Dividend Defensive Index Fund in the 3rd quarter valued at $80,000. Finally, PNC Financial Services Group Inc. lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 87.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,049 shares of the company’s stock worth $85,000 after purchasing an additional 488 shares during the period.

FlexShares Quality Dividend Defensive Index Fund Trading Down 0.2%

FlexShares Quality Dividend Defensive Index Fund stock opened at $91.05 on Wednesday. The stock has a market cap of $559.96 million, a PE ratio of 20.05 and a beta of 0.82. The stock has a 50-day moving average price of $87.89 and a 200 day moving average price of $85.00. FlexShares Quality Dividend Defensive Index Fund has a 52 week low of $76.98 and a 52 week high of $91.55.

About FlexShares Quality Dividend Defensive Index Fund

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.