Short Interest in FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Drops By 53.8%

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 29,761 shares, a decrease of 53.8% from the June 15th total of 64,474 shares. Based on an average daily trading volume, of 79,420 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

FlexShares International Quality Dividend Index Fund Trading Up 1.2%

Shares of IQDF traded up $0.40 during midday trading on Tuesday, reaching $34.58. 123,245 shares of the stock were exchanged, compared to its average volume of 85,103. FlexShares International Quality Dividend Index Fund has a 52 week low of $26.88 and a 52 week high of $35.88. The company’s 50 day moving average is $34.57 and its two-hundred day moving average is $33.13. The company has a market capitalization of $1.14 billion, a P/E ratio of 11.37 and a beta of 0.69.

Institutional Trading of FlexShares International Quality Dividend Index Fund

A number of hedge funds have recently added to or reduced their stakes in IQDF. RVW Wealth LLC increased its position in FlexShares International Quality Dividend Index Fund by 3.6% during the 2nd quarter. RVW Wealth LLC now owns 15,875 shares of the company’s stock valued at $549,000 after purchasing an additional 557 shares during the period. Cetera Investment Advisers raised its holdings in shares of FlexShares International Quality Dividend Index Fund by 6.6% in the 4th quarter. Cetera Investment Advisers now owns 11,613 shares of the company’s stock valued at $353,000 after purchasing an additional 716 shares in the last quarter. Regal Investment Advisors LLC lifted its position in shares of FlexShares International Quality Dividend Index Fund by 6.2% in the 3rd quarter. Regal Investment Advisors LLC now owns 17,256 shares of the company’s stock worth $492,000 after purchasing an additional 1,011 shares during the period. Kestra Advisory Services LLC lifted its position in shares of FlexShares International Quality Dividend Index Fund by 3.7% in the 4th quarter. Kestra Advisory Services LLC now owns 38,766 shares of the company’s stock worth $1,178,000 after purchasing an additional 1,391 shares during the period. Finally, Montag A & Associates Inc. bought a new position in shares of FlexShares International Quality Dividend Index Fund during the fourth quarter valued at approximately $53,000.

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.