FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Sees Significant Decline in Short Interest

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,105 shares, a drop of 45.0% from the July 30th total of 12,926 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 30,261 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On FlexShares International Quality Dividend Index Fund

Large investors have recently bought and sold shares of the stock. Highland Investment Advisors LLC bought a new position in FlexShares International Quality Dividend Index Fund in the second quarter worth approximately $40,000. Montag A & Associates Inc. purchased a new position in shares of FlexShares International Quality Dividend Index Fund in the fourth quarter worth about $53,000. GGM Financials LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund in the fourth quarter worth about $73,000. Cabot Wealth Management Inc. bought a new stake in shares of FlexShares International Quality Dividend Index Fund in the fourth quarter valued at approximately $216,000. Finally, WealthPlan Investment Management LLC bought a new stake in shares of FlexShares International Quality Dividend Index Fund in the fourth quarter valued at approximately $247,000.

FlexShares International Quality Dividend Index Fund Price Performance

Shares of NYSEARCA:IQDF traded up $0.05 during mid-day trading on Monday, hitting $35.84. The company had a trading volume of 69,808 shares, compared to its average volume of 76,978. FlexShares International Quality Dividend Index Fund has a one year low of $27.90 and a one year high of $36.22. The firm has a fifty day moving average price of $34.91 and a 200 day moving average price of $33.96. The company has a market capitalization of $1.18 billion, a PE ratio of 11.37 and a beta of 0.69.

FlexShares International Quality Dividend Index Fund Company Profile

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.