FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Short Interest Up 53.3% in March

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,923 shares, a growth of 53.3% from the February 26th total of 1,254 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 12,593 shares, the days-to-cover ratio is currently 0.2 days.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Stock Down 0.4%

QLVD opened at $31.93 on Friday. The firm has a 50-day moving average price of $33.23 and a 200-day moving average price of $32.03. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a twelve month low of $26.76 and a twelve month high of $34.94. The company has a market capitalization of $59.07 million, a price-to-earnings ratio of 16.48 and a beta of 0.59.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 20th were paid a $0.0528 dividend. This represents a $0.21 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, March 20th.

Institutional Investors Weigh In On FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

An institutional investor recently bought a new position in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund stock. Flow Traders U.S. LLC purchased a new stake in FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 39,898 shares of the company’s stock, valued at approximately $1,246,000. Flow Traders U.S. LLC owned approximately 2.10% of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund as of its most recent filing with the Securities & Exchange Commission.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Company Profile

The FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities from developed markets excluding the US. Holdings are selected for quality and low volatility. QLVD was launched on Jul 15, 2019 and is managed by FlexShares.