FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Shares Shorted: Short Interest Down 88.4% in September

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a significant drop in short interest during the month of 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. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,362 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Anson Capital Inc. grew its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 11.5% during the second quarter. Anson Capital Inc. now owns 20,126 shares of the company’s stock worth $1,751,000 after purchasing an additional 2,079 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in shares of 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 worth $893,000 after buying an additional 4,341 shares during the period. Integrated Wealth Concepts LLC bought a new position in FlexShares Quality Dividend Defensive Index Fund during the 2nd quarter valued at approximately $515,000. Envestnet Asset Management Inc. raised its holdings in FlexShares Quality Dividend Defensive Index Fund by 2.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,526 shares of the company’s stock worth $655,000 after purchasing an additional 207 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in FlexShares Quality Dividend Defensive Index Fund by 9.6% in the first quarter. Bank of America Corp DE now owns 91,409 shares of the company’s stock worth $7,296,000 after buying an additional 8,023 shares in the last quarter.

FlexShares Quality Dividend Defensive Index Fund Trading Up 0.6%

QDEF stock traded up $0.55 during midday trading on Friday, hitting $89.98. The stock had a trading volume of 6,224 shares, compared to its average volume of 8,888. FlexShares Quality Dividend Defensive Index Fund has a 1-year low of $77.96 and a 1-year high of $91.97. The business has a fifty day moving average price of $90.32 and a two-hundred day moving average price of $86.75. The firm has a market cap of $548.88 million, a P/E ratio of 20.05 and a beta of 0.82.

About FlexShares Quality Dividend Defensive Index Fund

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.