Short Interest in FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Grows By 100.0%

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,400 shares, a growth of 100.0% from the August 31st total of 700 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is presently 0.2 days.

FlexShares International Quality Dividend Dynamic Index Fund Price Performance

Shares of IQDY opened at $34.60 on Tuesday. The firm has a market cap of $83.04 million, a P/E ratio of 12.34 and a beta of 0.99. FlexShares International Quality Dividend Dynamic Index Fund has a 1 year low of $25.25 and a 1 year high of $34.65. The company has a 50 day simple moving average of $33.52 and a two-hundred day simple moving average of $31.71.

Hedge Funds Weigh In On FlexShares International Quality Dividend Dynamic Index Fund

Several institutional investors have recently bought and sold shares of IQDY. Flow Traders U.S. LLC bought a new stake in FlexShares International Quality Dividend Dynamic Index Fund in the 2nd quarter valued at $1,359,000. Fifth Third Securities Inc. grew its position in shares of FlexShares International Quality Dividend Dynamic Index Fund by 3.5% during the first quarter. Fifth Third Securities Inc. now owns 19,039 shares of the company’s stock valued at $553,000 after purchasing an additional 645 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of FlexShares International Quality Dividend Dynamic Index Fund by 10.1% in the first quarter. Private Trust Co. NA now owns 5,412 shares of the company’s stock worth $157,000 after purchasing an additional 498 shares during the last quarter.

FlexShares International Quality Dividend Dynamic Index Fund Company Profile

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.