Short Interest in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Drops By 16.1%

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,378 shares, a drop of 16.1% from the January 29th total of 2,836 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,252 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 2,252 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund stock. Flow Traders U.S. LLC bought a new position in shares of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 39,898 shares of the company’s stock, valued at approximately $1,246,000. Flow Traders U.S. LLC owned about 2.10% of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund as of its most recent SEC filing.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Stock Performance

Shares of QLVD traded up $0.26 during mid-day trading on Wednesday, hitting $33.90. 252 shares of the company were exchanged, compared to its average volume of 3,061. The stock has a market cap of $62.72 million, a price-to-earnings ratio of 16.48 and a beta of 0.59. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a 1-year low of $26.76 and a 1-year high of $34.94. The company has a 50 day moving average of $32.94 and a 200-day moving average of $31.87.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Company Profile

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.