FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Shares Shorted: Short Interest Down 50.3% in October

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,613 shares, a decline of 50.3% from the September 30th total of 3,246 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,372 shares, the days-to-cover ratio is currently 1.2 days.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Price Performance

Shares of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund stock traded up $0.09 on Friday, reaching $34.71. The company had a trading volume of 4,845 shares, compared to its average volume of 2,176. The firm has a market cap of $53.80 million, a price-to-earnings ratio of 16.48 and a beta of 0.50. The firm’s 50-day moving average price is $33.99 and its two-hundred day moving average price is $33.47. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a 1 year low of $30.52 and a 1 year high of $35.04.

About FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

The FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities from developed markets excluding the US. Holdings are selected for quality and low volatility. QLVD was launched on Jul 15, 2019 and is managed by FlexShares.