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

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 8,536 shares, a decrease of 51.9% from the November 30th total of 17,755 shares. Based on an average daily volume of 13,473 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 13,473 shares, the days-to-cover ratio is presently 0.6 days.

FlexShares Quality Dividend Defensive Index Fund Price Performance

NYSEARCA:QDEF traded up $0.04 during trading hours on Friday, hitting $81.94. The stock had a trading volume of 4,032 shares, compared to its average volume of 10,837. The company has a 50 day simple moving average of $80.69 and a two-hundred day simple moving average of $78.16. FlexShares Quality Dividend Defensive Index Fund has a one year low of $61.61 and a one year high of $82.45. The firm has a market capitalization of $489.18 million, a price-to-earnings ratio of 20.05 and a beta of 0.85.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. RVW Wealth LLC increased its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 0.4% in the 2nd quarter. RVW Wealth LLC now owns 88,323 shares of the company’s stock worth $6,540,000 after purchasing an additional 309 shares in the last quarter. Flputnam Investment Management Co. purchased a new position in FlexShares Quality Dividend Defensive Index Fund during the first quarter valued at $4,839,000. Sloy Dahl & Holst LLC grew its holdings in FlexShares Quality Dividend Defensive Index Fund by 1.5% during the third quarter. Sloy Dahl & Holst LLC now owns 68,624 shares of the company’s stock valued at $5,489,000 after purchasing an additional 994 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in FlexShares Quality Dividend Defensive Index Fund by 12.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 55,669 shares of the company’s stock worth $4,453,000 after buying an additional 5,997 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 6.5% in the second quarter. Raymond James Financial Inc. now owns 54,703 shares of the company’s stock worth $4,051,000 after buying an additional 3,360 shares during the period.

About FlexShares Quality Dividend Defensive Index Fund

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.