FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Shares Shorted: Short Interest Up 247.8% in September

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 24,349 shares, an increase of 247.8% from the September 15th total of 7,001 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 12,419 shares, the short-interest ratio is presently 2.0 days.

Institutional Trading of FlexShares US Quality Low Volatility Index Fund

A number of institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new position in shares of FlexShares US Quality Low Volatility Index Fund during the 1st quarter worth about $424,000. Citadel Advisors LLC purchased a new position in shares of FlexShares US Quality Low Volatility Index Fund in the 2nd quarter valued at about $1,003,000. Private Advisor Group LLC raised its position in shares of FlexShares US Quality Low Volatility Index Fund by 2.4% during the 1st quarter. Private Advisor Group LLC now owns 18,119 shares of the company’s stock worth $1,303,000 after acquiring an additional 419 shares in the last quarter. Curry Webb Wealth Management LLC acquired a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the 1st quarter worth about $2,209,000. Finally, United Bank raised its position in shares of FlexShares US Quality Low Volatility Index Fund by 5.2% during the 1st quarter. United Bank now owns 44,862 shares of the company’s stock worth $3,225,000 after acquiring an additional 2,201 shares in the last quarter.

FlexShares US Quality Low Volatility Index Fund Trading Up 0.4%

Shares of QLV stock traded up $0.36 on Monday, reaching $80.47. 3,062 shares of the stock were exchanged, compared to its average volume of 11,075. The company has a market capitalization of $170.60 million, a price-to-earnings ratio of 21.43 and a beta of 0.68. The business’s 50 day moving average price is $79.51 and its 200 day moving average price is $76.69. FlexShares US Quality Low Volatility Index Fund has a twelve month low of $70.46 and a twelve month high of $80.63.

FlexShares US Quality Low Volatility Index Fund Company Profile

The FlexShares US Quality Low Volatility Index Fund (QLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, market-cap-weighted index of US large- and mid-cap equities. QLV was launched on Jul 15, 2019 and is managed by FlexShares.