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

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 8,566 shares, a growth of 146.7% from the June 15th total of 3,472 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 17,568 shares, the short-interest ratio is currently 0.5 days.

FlexShares Quality Dividend Defensive Index Fund Stock Performance

Shares of QDEF traded up $0.44 during trading hours on Wednesday, reaching $88.23. 5,668 shares of the company traded hands, compared to its average volume of 9,972. The stock’s fifty day moving average is $87.01 and its 200 day moving average is $83.97. The stock has a market cap of $542.61 million, a P/E ratio of 20.05 and a beta of 0.83. FlexShares Quality Dividend Defensive Index Fund has a 1-year low of $74.38 and a 1-year high of $88.34.

Hedge Funds Weigh In On FlexShares Quality Dividend Defensive Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in QDEF. Clear Point Advisors Inc. increased its holdings in FlexShares Quality Dividend Defensive Index Fund by 18.6% in the 4th quarter. Clear Point Advisors Inc. now owns 13,285 shares of the company’s stock valued at $1,076,000 after buying an additional 2,080 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 20.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 67,010 shares of the company’s stock worth $5,425,000 after acquiring an additional 11,341 shares during the period. Rossmore Private Capital lifted its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 13.9% during the 4th quarter. Rossmore Private Capital now owns 4,100 shares of the company’s stock worth $332,000 after acquiring an additional 500 shares during the period. Security National Bank acquired a new stake in shares of FlexShares Quality Dividend Defensive Index Fund during the 4th quarter valued at about $40,000. Finally, Anson Capital Inc. boosted its position in shares of FlexShares Quality Dividend Defensive Index Fund by 40.2% during the 4th quarter. Anson Capital Inc. now owns 16,790 shares of the company’s stock valued at $1,359,000 after acquiring an additional 4,814 shares in the last quarter.

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.