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

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 4,499 shares, a decrease of 35.7% from the August 15th total of 6,994 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 24,283 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Kiley Juergens Wealth Management LLC bought a new position in FlexShares Quality Dividend Index Fund in the first quarter valued at approximately $263,000. Keybank National Association OH lifted its stake in FlexShares Quality Dividend Index Fund by 1.4% during the first quarter. Keybank National Association OH now owns 547,452 shares of the company’s stock worth $43,298,000 after purchasing an additional 7,532 shares during the last quarter. Mayflower Financial Advisors LLC bought a new stake in FlexShares Quality Dividend Index Fund during the first quarter worth $210,000. Rockefeller Capital Management L.P. boosted its holdings in shares of FlexShares Quality Dividend Index Fund by 70.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 15,405 shares of the company’s stock valued at $1,245,000 after purchasing an additional 6,363 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of FlexShares Quality Dividend Index Fund by 4.0% in the 4th quarter. Corient Private Wealth LLC now owns 16,256 shares of the company’s stock valued at $1,314,000 after purchasing an additional 628 shares in the last quarter.

FlexShares Quality Dividend Index Fund Price Performance

FlexShares Quality Dividend Index Fund stock opened at $90.56 on Friday. The firm has a market cap of $2.21 billion, a PE ratio of 21.14 and a beta of 0.91. The stock’s fifty day moving average price is $91.65 and its two-hundred day moving average price is $87.55. FlexShares Quality Dividend Index Fund has a one year low of $76.95 and a one year high of $93.89.

FlexShares Quality Dividend Index Fund Company Profile

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.