FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Large Drop in Short Interest

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 969 shares, a decline of 99.0% from the January 15th total of 94,837 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 28,080 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 28,080 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of FlexShares Quality Dividend Index Fund

Several institutional investors have recently added to or reduced their stakes in the company. Asset Dedication LLC acquired a new stake in shares of FlexShares Quality Dividend Index Fund in the second quarter valued at approximately $51,000. Cozad Asset Management Inc. bought a new position in FlexShares Quality Dividend Index Fund during the 2nd quarter worth $210,000. Cetera Investment Advisers raised its holdings in FlexShares Quality Dividend Index Fund by 13.8% in the 2nd quarter. Cetera Investment Advisers now owns 12,538 shares of the company’s stock valued at $917,000 after acquiring an additional 1,517 shares in the last quarter. VeraBank N.A. lifted its position in shares of FlexShares Quality Dividend Index Fund by 4.5% during the 2nd quarter. VeraBank N.A. now owns 452,906 shares of the company’s stock valued at $33,144,000 after acquiring an additional 19,455 shares during the period. Finally, Huntington National Bank bought a new stake in shares of FlexShares Quality Dividend Index Fund during the 2nd quarter valued at $162,000.

FlexShares Quality Dividend Index Fund Price Performance

FlexShares Quality Dividend Index Fund stock traded down $0.04 during trading hours on Tuesday, hitting $83.70. The company had a trading volume of 26,197 shares, compared to its average volume of 31,215. The firm has a 50-day moving average of $81.83 and a 200 day moving average of $79.62. The firm has a market cap of $2.09 billion, a PE ratio of 21.14 and a beta of 0.93. FlexShares Quality Dividend Index Fund has a one year low of $58.79 and a one year high of $84.06.

About FlexShares Quality Dividend Index Fund

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.