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

by · The Cerbat Gem

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 13,254 shares, an increase of 117.9% from the June 30th total of 6,082 shares. Based on an average trading volume of 28,549 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Orion Porfolio Solutions LLC raised its stake in shares of FlexShares Quality Dividend Index Fund by 475.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 717,441 shares of the company’s stock worth $52,502,000 after purchasing an additional 592,774 shares in the last quarter. TIAA Trust National Association lifted its holdings in shares of FlexShares Quality Dividend Index Fund by 4.0% during the 4th quarter. TIAA Trust National Association now owns 4,075,676 shares of the company’s stock valued at $330,903,000 after buying an additional 157,130 shares during the last quarter. Focus Partners Wealth grew its stake in shares of FlexShares Quality Dividend Index Fund by 135.0% in the 4th quarter. Focus Partners Wealth now owns 203,772 shares of the company’s stock valued at $16,467,000 after buying an additional 117,065 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of FlexShares Quality Dividend Index Fund by 17.6% in the 1st quarter. Bank of New York Mellon Corp now owns 426,191 shares of the company’s stock valued at $33,707,000 after buying an additional 63,830 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in FlexShares Quality Dividend Index Fund by 20.4% in the first quarter. Bank of America Corp DE now owns 302,356 shares of the company’s stock worth $23,913,000 after buying an additional 51,251 shares during the last quarter.

FlexShares Quality Dividend Index Fund Stock Performance

Shares of NYSEARCA QDF traded down $1.22 during mid-day trading on Wednesday, reaching $90.13. The company had a trading volume of 18,315 shares, compared to its average volume of 28,069. FlexShares Quality Dividend Index Fund has a twelve month low of $73.62 and a twelve month high of $91.58. The stock has a market capitalization of $2.20 billion, a PE ratio of 21.14 and a beta of 0.91. The stock’s 50 day moving average is $89.41 and its 200-day moving average is $85.12.

FlexShares Quality Dividend Index Fund Company Profile

(Get Free Report)

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.

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