FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Stock Short Interest Jumps 113.5%

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 213,940 shares, an increase of 113.5% from the September 30th total of 100,219 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 57,116 shares, the short-interest ratio is presently 3.7 days.

FlexShares International Quality Dividend Index Fund Stock Down 1.3%

FlexShares International Quality Dividend Index Fund stock traded down $0.43 during trading on Friday, reaching $33.64. The stock had a trading volume of 42,348 shares, compared to its average volume of 71,311. FlexShares International Quality Dividend Index Fund has a 52-week low of $28.68 and a 52-week high of $36.52. The stock has a market cap of $1.12 billion, a PE ratio of 11.37 and a beta of 0.70. The business has a 50 day moving average price of $34.96 and a 200 day moving average price of $33.97.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its stake in shares of 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 valued at $988,000 after purchasing an additional 306 shares during the period. RVW Wealth LLC boosted its position in FlexShares International Quality Dividend Index Fund by 3.6% during the second quarter. RVW Wealth LLC now owns 15,875 shares of the company’s stock worth $549,000 after purchasing an additional 557 shares in the last quarter. BIP Wealth LLC grew its position in FlexShares International Quality Dividend Index Fund by 1.2% in the 3rd quarter. BIP Wealth LLC now owns 50,196 shares of the company’s stock valued at $1,727,000 after acquiring an additional 583 shares in the last quarter. Highland Investment Advisors LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund in the 2nd quarter valued at approximately $40,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of FlexShares International Quality Dividend Index Fund during the 2nd quarter worth $113,000.

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.