FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Sees Large Decline in Short Interest

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 132 shares, a drop of 88.4% from the August 31st total of 1,142 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,362 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On FlexShares Quality Dividend Defensive Index Fund

Large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in FlexShares Quality Dividend Defensive Index Fund by 2.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,526 shares of the company’s stock worth $655,000 after buying an additional 207 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in FlexShares Quality Dividend Defensive Index Fund during the second quarter valued at $515,000. Ameritas Advisory Services LLC boosted its holdings in FlexShares Quality Dividend Defensive Index Fund by 73.4% in the second quarter. Ameritas Advisory Services LLC now owns 10,258 shares of the company’s stock valued at $893,000 after purchasing an additional 4,341 shares during the last quarter. Anson Capital Inc. boosted its holdings in FlexShares Quality Dividend Defensive Index Fund by 11.5% in the second quarter. Anson Capital Inc. now owns 20,126 shares of the company’s stock valued at $1,751,000 after purchasing an additional 2,079 shares during the last quarter. Finally, Kaydan Wealth Management Inc. grew its position in FlexShares Quality Dividend Defensive Index Fund by 2.6% during the 2nd quarter. Kaydan Wealth Management Inc. now owns 11,827 shares of the company’s stock worth $1,029,000 after purchasing an additional 299 shares during the period.

FlexShares Quality Dividend Defensive Index Fund Trading Up 0.4%

Shares of NYSEARCA QDEF traded up $0.34 during midday trading on Friday, reaching $89.77. The company had a trading volume of 5,726 shares, compared to its average volume of 8,884. The business’s 50-day simple moving average is $90.29 and its 200 day simple moving average is $86.73. The stock has a market cap of $547.62 million, a P/E ratio of 20.05 and a beta of 0.82. FlexShares Quality Dividend Defensive Index Fund has a 1 year low of $77.96 and a 1 year high of $91.97.

FlexShares Quality Dividend Defensive Index Fund Company Profile

The FlexShares Quality Dividend Defensive Index Fund (QDEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index. QDEF was launched on Dec 14, 2012 and is managed by FlexShares.