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

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

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its holdings in FlexShares International Quality Dividend Index Fund by 6.6% in the 4th quarter. Cetera Investment Advisers now owns 11,613 shares of the company’s stock worth $353,000 after buying an additional 716 shares in the last quarter. Natixis Advisors LLC grew its holdings in FlexShares International Quality Dividend Index Fund by 16.5% in the 4th quarter. Natixis Advisors LLC now owns 13,707 shares of the company’s stock worth $417,000 after buying an additional 1,940 shares in the last quarter. Rothschild Wealth LLC bought a new position in FlexShares International Quality Dividend Index Fund in the 4th quarter worth approximately $484,000. HRT Financial LP bought a new position in FlexShares International Quality Dividend Index Fund in the 4th quarter worth approximately $492,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in FlexShares International Quality Dividend Index Fund in the 3rd quarter worth approximately $647,000.

FlexShares International Quality Dividend Index Fund Stock Performance

Shares of FlexShares International Quality Dividend Index Fund stock traded up $0.27 on Monday, reaching $35.09. 51,705 shares of the company were exchanged, compared to its average volume of 88,280. The company’s 50-day moving average is $33.33 and its two-hundred day moving average is $32.09. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 11.37 and a beta of 0.69. FlexShares International Quality Dividend Index Fund has a 1-year low of $26.00 and a 1-year high of $35.17.

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.