Short Interest in FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Grows By 1,220.8%

by · The Markets Daily

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 93,845 shares, an increase of 1,220.8% from the August 15th total of 7,105 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 41,369 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC increased its stake in shares of FlexShares International Quality Dividend Index Fund by 1.1% during the 2nd quarter. NewEdge Advisors LLC now owns 28,585 shares of the company’s stock worth $988,000 after purchasing an additional 306 shares during the last quarter. RVW Wealth LLC lifted its stake in FlexShares International Quality Dividend Index Fund by 3.6% in 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 last quarter. Cetera Investment Advisers lifted its stake in 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 during the last quarter. Regal Investment Advisors LLC grew its holdings in FlexShares International Quality Dividend Index Fund by 6.2% during the third 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. Finally, Highland Investment Advisors LLC bought a new position in FlexShares International Quality Dividend Index Fund during the second quarter worth about $40,000.

FlexShares International Quality Dividend Index Fund Stock Performance

IQDF traded down $0.46 during trading on Thursday, reaching $35.68. 44,149 shares of the stock were exchanged, compared to its average volume of 75,051. The stock has a market cap of $1.18 billion, a P/E ratio of 11.37 and a beta of 0.70. FlexShares International Quality Dividend Index Fund has a twelve month low of $27.91 and a twelve month high of $36.52. The stock’s 50 day moving average price is $35.20 and its two-hundred day moving average price is $34.10.

About FlexShares International Quality Dividend Index Fund

(Get Free Report)

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.

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