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

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,472 shares, a decrease of 73.3% from the May 31st total of 13,028 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 7,193 shares, the short-interest ratio is presently 0.5 days.

FlexShares Quality Dividend Defensive Index Fund Stock Performance

NYSEARCA QDEF traded up $0.98 during mid-day trading on Monday, reaching $86.57. 7,132 shares of the stock were exchanged, compared to its average volume of 10,211. FlexShares Quality Dividend Defensive Index Fund has a 1-year low of $73.65 and a 1-year high of $88.34. The business’s fifty day simple moving average is $86.25 and its 200 day simple moving average is $83.42. The stock has a market capitalization of $536.73 million, a PE ratio of 20.05 and a beta of 0.83.

Institutional Investors Weigh In On FlexShares Quality Dividend Defensive Index Fund

Several hedge funds have recently made changes to their positions in QDEF. Bank of America Corp DE increased its stake in FlexShares Quality Dividend Defensive Index Fund by 9.6% in the first quarter. Bank of America Corp DE now owns 91,409 shares of the company’s stock valued at $7,296,000 after purchasing an additional 8,023 shares during the last quarter. Cetera Investment Advisers lifted its position in FlexShares Quality Dividend Defensive Index Fund by 0.9% during the first quarter. Cetera Investment Advisers now owns 19,118 shares of the company’s stock worth $1,526,000 after buying an additional 168 shares during the period. Cambient Family Office LLC boosted its stake in FlexShares Quality Dividend Defensive Index Fund by 46.3% in the 1st quarter. Cambient Family Office LLC now owns 11,612 shares of the company’s stock worth $927,000 after buying an additional 3,677 shares during the last quarter. Stark Wealth Management LLC acquired a new stake in FlexShares Quality Dividend Defensive Index Fund in the 4th quarter worth about $240,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in FlexShares Quality Dividend Defensive Index Fund by 20.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 67,010 shares of the company’s stock valued at $5,425,000 after buying an additional 11,341 shares during the period.

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.