FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Shares Shorted: Short Interest Down 72.3% in September

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 25,958 shares, a decrease of 72.3% from the August 31st total of 93,845 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 31,384 shares, the days-to-cover ratio is currently 0.8 days.

FlexShares International Quality Dividend Index Fund Stock Up 0.7%

IQDF stock traded up $0.25 during trading on Friday, hitting $35.06. The company had a trading volume of 35,094 shares, compared to its average volume of 73,496. The company has a 50 day simple moving average of $35.39 and a 200-day simple moving average of $34.27. FlexShares International Quality Dividend Index Fund has a 52-week low of $27.91 and a 52-week high of $36.52. The firm has a market capitalization of $1.16 billion, a P/E ratio of 11.37 and a beta of 0.70.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of FlexShares International Quality Dividend Index Fund by 4.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 606,604 shares of the company’s stock valued at $20,964,000 after acquiring an additional 27,609 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund in the 2nd quarter valued at about $113,000. NewEdge Advisors LLC raised its position in FlexShares International Quality Dividend Index Fund by 1.1% during the second quarter. NewEdge Advisors LLC now owns 28,585 shares of the company’s stock worth $988,000 after acquiring an additional 306 shares during the period. Baird Financial Group Inc. lifted its stake in FlexShares International Quality Dividend Index Fund by 16.3% in the 2nd quarter. Baird Financial Group Inc. now owns 56,944 shares of the company’s stock valued at $1,968,000 after buying an additional 7,995 shares in the last quarter. Finally, Highland Investment Advisors LLC purchased a new stake in shares of FlexShares International Quality Dividend Index Fund during the second quarter worth approximately $40,000.

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.