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

by · The Markets Daily

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,499 shares, a decline of 35.7% from the August 15th total of 6,994 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 24,283 shares, the short-interest ratio is currently 0.2 days.

FlexShares Quality Dividend Index Fund Price Performance

QDF stock traded up $0.77 on Thursday, reaching $90.98. 37,052 shares of the company were exchanged, compared to its average volume of 27,392. The firm has a market capitalization of $2.22 billion, a PE ratio of 21.14 and a beta of 0.91. FlexShares Quality Dividend Index Fund has a 12 month low of $76.95 and a 12 month high of $93.89. The stock’s fifty day moving average price is $91.65 and its 200 day moving average price is $87.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in QDF. Highland Investment Advisors LLC acquired a new position in shares of FlexShares Quality Dividend Index Fund during the second quarter valued at about $36,000. CoreCap Advisors LLC increased its stake in FlexShares Quality Dividend Index Fund by 17.6% during the second quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock valued at $115,000 after acquiring an additional 192 shares during the period. IFP Advisors Inc increased its stake in FlexShares Quality Dividend Index Fund by 64.5% during the fourth quarter. IFP Advisors Inc now owns 1,614 shares of the company’s stock valued at $130,000 after acquiring an additional 633 shares during the period. Integrated Wealth Concepts LLC acquired a new position in FlexShares Quality Dividend Index Fund in the 2nd quarter valued at approximately $149,000. Finally, Mayflower Financial Advisors LLC acquired a new position in FlexShares Quality Dividend Index Fund in the 1st quarter valued at approximately $210,000.

About FlexShares Quality Dividend Index Fund

(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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