FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Short Interest Update

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 84,473 shares, an increase of 137.8% from the April 30th total of 35,520 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 46,736 shares, the days-to-cover ratio is currently 1.8 days.

FlexShares International Quality Dividend Index Fund Stock Performance

IQDF traded up $0.39 during midday trading on Tuesday, reaching $35.21. The company had a trading volume of 51,705 shares, compared to its average volume of 88,280. FlexShares International Quality Dividend Index Fund has a 12-month low of $26.00 and a 12-month high of $35.17. The business has a 50-day moving average price of $33.33 and a two-hundred day moving average price of $32.09. The stock has a market cap of $1.16 billion, a PE ratio of 11.37 and a beta of 0.69.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several institutional investors have recently bought and sold shares of the company. Montag A & Associates Inc. purchased a new stake in FlexShares International Quality Dividend Index Fund in the fourth quarter worth $53,000. GGM Financials LLC purchased a new stake in FlexShares International Quality Dividend Index Fund in the 4th quarter worth about $73,000. PFG Advisors bought a new stake in FlexShares International Quality Dividend Index Fund in the 4th quarter valued at about $203,000. Meritage Portfolio Management purchased a new stake in FlexShares International Quality Dividend Index Fund during the fourth quarter valued at about $205,000. Finally, Cabot Wealth Management Inc. purchased a new stake in FlexShares International Quality Dividend Index Fund during the fourth quarter valued at about $216,000.

About FlexShares International Quality Dividend Index Fund

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.