FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Short Interest Up 2,753.5% in June

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 107,236 shares, a growth of 2,753.5% from the June 15th total of 3,758 shares. Currently, 4.1% of the company’s shares are sold short. Based on an average trading volume of 19,108 shares, the days-to-cover ratio is currently 5.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in FlexShares International Quality Dividend Dynamic Index Fund stock. Reliant Wealth Planning acquired a new position in shares of FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,165 shares of the company’s stock, valued at approximately $209,000. Reliant Wealth Planning owned 0.26% of FlexShares International Quality Dividend Dynamic Index Fund as of its most recent SEC filing.

FlexShares International Quality Dividend Dynamic Index Fund Stock Up 0.9%

Shares of NYSEARCA IQDY traded up $0.40 during midday trading on Friday, hitting $42.75. The stock had a trading volume of 3,123 shares, compared to its average volume of 7,486. The company has a market capitalization of $111.15 million, a price-to-earnings ratio of 12.34 and a beta of 0.87. FlexShares International Quality Dividend Dynamic Index Fund has a 1-year low of $31.82 and a 1-year high of $44.33. The company has a fifty day moving average price of $42.39 and a 200 day moving average price of $40.08.

FlexShares International Quality Dividend Dynamic Index Fund Company Profile

The FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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 and weighted by dividend yield and other fundamentals. The index aims for higher market risk. IQDY was launched on Apr 12, 2013 and is managed by FlexShares.