FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Sees Significant Decrease in Short Interest

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,987 shares, a drop of 46.8% from the September 15th total of 5,618 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,518 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of FlexShares Quality Dividend Index Fund

A number of hedge funds have recently modified their holdings of QDF. WealthPoint Financial LLC grew its position in FlexShares Quality Dividend Index Fund by 3.4% during the first quarter. WealthPoint Financial LLC now owns 5,049 shares of the company’s stock valued at $399,000 after purchasing an additional 168 shares in the last quarter. CoreCap Advisors LLC increased its stake in FlexShares Quality Dividend Index Fund by 17.6% in the 2nd quarter. CoreCap Advisors LLC now owns 1,284 shares of the company’s stock valued at $115,000 after buying an additional 192 shares during the period. Quantinno Capital Management LP lifted its position in FlexShares Quality Dividend Index Fund by 6.2% in the 1st quarter. Quantinno Capital Management LP now owns 5,365 shares of the company’s stock worth $424,000 after buying an additional 311 shares in the last quarter. Highland Investment Advisors LLC purchased a new stake in FlexShares Quality Dividend Index Fund in the 2nd quarter worth approximately $36,000. Finally, IFP Advisors Inc lifted its position in FlexShares Quality Dividend Index Fund by 35.6% in the 2nd quarter. IFP Advisors Inc now owns 2,189 shares of the company’s stock worth $197,000 after buying an additional 575 shares in the last quarter.

FlexShares Quality Dividend Index Fund Trading Up 0.6%

Shares of NYSEARCA QDF traded up $0.57 during mid-day trading on Thursday, reaching $91.44. The company had a trading volume of 40,979 shares, compared to its average volume of 27,074. FlexShares Quality Dividend Index Fund has a 1-year low of $76.95 and a 1-year high of $93.89. The stock has a market cap of $2.20 billion, a PE ratio of 21.14 and a beta of 0.91. The company has a 50-day moving average price of $91.70 and a two-hundred day moving average price of $89.01.

FlexShares Quality Dividend Index Fund Company Profile

The FlexShares Quality Dividend Index Fund (QDF) is an exchange-traded fund that is based on the Northern Trust Quality Dividend index. The fund tracks an index of companies deemed to have secure dividends that matches the beta of the Northern Trust 1250 Index. QDF was launched on Dec 14, 2012 and is managed by FlexShares.