FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Sees Significant Decrease in Short Interest

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 10,127 shares, a decline of 60.6% from the March 31st total of 25,681 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 6,280 shares, the short-interest ratio is presently 1.6 days.

FlexShares Quality Dividend Defensive Index Fund Stock Up 0.2%

QDEF stock traded up $0.20 during trading hours on Friday, hitting $84.60. The company’s stock had a trading volume of 2,180 shares, compared to its average volume of 10,588. The company has a market capitalization of $522.83 million, a PE ratio of 20.05 and a beta of 0.84. FlexShares Quality Dividend Defensive Index Fund has a 12 month low of $67.40 and a 12 month high of $84.76. The stock has a 50 day moving average price of $82.09 and a two-hundred day moving average price of $81.47.

Institutional Trading of FlexShares Quality Dividend Defensive Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 3.3% in the third quarter. Jones Financial Companies Lllp now owns 4,743 shares of the company’s stock worth $377,000 after buying an additional 150 shares during the last quarter. Equitable Holdings Inc. lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 2.9% in the fourth quarter. Equitable Holdings Inc. now owns 9,235 shares of the company’s stock worth $748,000 after buying an additional 260 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 32,100.0% in the fourth quarter. Wells Fargo & Company MN now owns 322 shares of the company’s stock worth $26,000 after buying an additional 321 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 2.0% in the fourth quarter. Blair William & Co. IL now owns 18,395 shares of the company’s stock worth $1,489,000 after buying an additional 356 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 5.2% in the third quarter. Ameriprise Financial Inc. now owns 8,616 shares of the company’s stock worth $689,000 after buying an additional 427 shares during the last quarter.

FlexShares Quality Dividend Defensive Index Fund Company Profile

The FlexShares Quality Dividend Defensive Index Fund (QDEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index. QDEF was launched on Dec 14, 2012 and is managed by FlexShares.