Short Interest in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Increases By 111.2%
by Danessa Lincoln · The Markets DailyFlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 3,877 shares, a growth of 111.2% from the August 15th total of 1,836 shares. Based on an average daily volume of 1,356 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.2% of the company’s shares are sold short.
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Trading Down 0.6%
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund stock traded down $0.22 during midday trading on Tuesday, hitting $34.07. 18 shares of the stock were exchanged, compared to its average volume of 2,363. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a fifty-two week low of $30.51 and a fifty-two week high of $35.04. The stock has a market capitalization of $54.51 million, a price-to-earnings ratio of 16.48 and a beta of 0.50. The stock’s 50-day simple moving average is $34.19 and its 200 day simple moving average is $33.47.
About FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
The FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities from developed markets excluding the US. Holdings are selected for quality and low volatility. QLVD was launched on Jul 15, 2019 and is managed by FlexShares.
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