Short Interest in FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Expands By 96.8%

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 16,800 shares, a growth of 96.8% from the December 15th total of 8,536 shares. Based on an average daily volume of 10,184 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 10,184 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Trading of FlexShares Quality Dividend Defensive Index Fund

Several institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 3.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,743 shares of the company’s stock valued at $377,000 after acquiring an additional 150 shares during the last quarter. Anson Capital Inc. boosted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 1.4% during the second quarter. Anson Capital Inc. now owns 12,226 shares of the company’s stock valued at $905,000 after purchasing an additional 168 shares during the period. J.W. Cole Advisors Inc. boosted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 1.8% during the second quarter. J.W. Cole Advisors Inc. now owns 13,142 shares of the company’s stock valued at $973,000 after purchasing an additional 232 shares during the period. RVW Wealth LLC grew its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 0.4% in the second quarter. RVW Wealth LLC now owns 88,323 shares of the company’s stock worth $6,540,000 after purchasing an additional 309 shares during the last quarter. Finally, Nova Wealth Management Inc. increased its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 72.2% in the third quarter. Nova Wealth Management Inc. now owns 794 shares of the company’s stock worth $64,000 after buying an additional 333 shares during the period.

FlexShares Quality Dividend Defensive Index Fund Stock Up 0.6%

Shares of NYSEARCA QDEF traded up $0.47 during trading hours on Thursday, reaching $82.50. 5,644 shares of the stock traded hands, compared to its average volume of 10,713. The company has a market capitalization of $503.26 million, a P/E ratio of 20.05 and a beta of 0.85. FlexShares Quality Dividend Defensive Index Fund has a 52-week low of $61.61 and a 52-week high of $82.54. The company’s 50-day simple moving average is $81.05 and its two-hundred day simple moving average is $79.01.

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.