FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Shares Shorted: Short Interest Up 155.7% in October

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 11,301 shares, an increase of 155.7% from the October 15th total of 4,419 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 25,610 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of FlexShares Quality Dividend Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of QDF. Benjamin Edwards Inc. purchased a new position in FlexShares Quality Dividend Index Fund in the third quarter worth $7,166,000. Horizon Bancorp Inc. IN purchased a new stake in shares of FlexShares Quality Dividend Index Fund during the 3rd quarter valued at $2,986,000. Private Advisor Group LLC purchased a new stake in shares of FlexShares Quality Dividend Index Fund during the 3rd quarter valued at $315,000. Focus Advisor Solutions LLC bought a new stake in shares of FlexShares Quality Dividend Index Fund during the 3rd quarter worth $348,000. Finally, Global Retirement Partners LLC raised its stake in shares of FlexShares Quality Dividend Index Fund by 28.6% during the 3rd quarter. Global Retirement Partners LLC now owns 9,139 shares of the company’s stock worth $825,000 after purchasing an additional 2,030 shares during the period.

FlexShares Quality Dividend Index Fund Stock Performance

Shares of FlexShares Quality Dividend Index Fund stock traded down $0.28 during mid-day trading on Friday, hitting $90.01. 6,149 shares of the stock were exchanged, compared to its average volume of 26,778. FlexShares Quality Dividend Index Fund has a 12 month low of $76.95 and a 12 month high of $93.89. The company has a 50-day simple moving average of $90.91 and a 200 day simple moving average of $87.65. The company has a market capitalization of $2.16 billion, a P/E ratio of 18.01 and a beta of 0.92.

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.