Short Interest in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Rises By 53.3%

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,923 shares, a growth of 53.3% from the February 26th total of 1,254 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 12,593 shares, the short-interest ratio is currently 0.2 days.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Trading Down 0.4%

Shares of QLVD traded down $0.13 during trading hours on Friday, hitting $31.93. 192 shares of the stock traded hands, compared to its average volume of 4,335. The business has a fifty day moving average of $33.23 and a 200-day moving average of $32.04. The firm has a market capitalization of $59.07 million, a PE ratio of 16.48 and a beta of 0.59. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a 1-year low of $26.76 and a 1-year high of $34.94.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Friday, March 20th were issued a dividend of $0.0528 per share. This represents a $0.21 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 20th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund stock. Flow Traders U.S. LLC purchased a new position in shares of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 39,898 shares of the company’s stock, valued at approximately $1,246,000. Flow Traders U.S. LLC owned 2.10% of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund at the end of the most recent reporting period.

About FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

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.