FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Short Interest Update

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 6,430 shares, a decrease of 54.8% from the June 30th total of 14,227 shares. Based on an average daily trading volume, of 5,745 shares, the short-interest ratio is currently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On FlexShares US Quality Low Volatility Index Fund

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in FlexShares US Quality Low Volatility Index Fund by 39.6% in the 2nd quarter. Bank of America Corp DE now owns 391,583 shares of the company’s stock valued at $26,667,000 after purchasing an additional 110,994 shares during the period. Curry Webb Wealth Management LLC bought a new position in FlexShares US Quality Low Volatility Index Fund during the 1st quarter worth $2,209,000. Rossby Financial LCC bought a new position in FlexShares US Quality Low Volatility Index Fund during the 4th quarter worth $1,161,000. Goldman Sachs Group Inc. acquired a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the first quarter worth $694,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the first quarter worth $424,000.

FlexShares US Quality Low Volatility Index Fund Price Performance

FlexShares US Quality Low Volatility Index Fund stock traded down $0.13 during trading hours on Thursday, hitting $77.81. The company had a trading volume of 8,778 shares, compared to its average volume of 12,503. The firm has a 50-day moving average of $76.12 and a 200 day moving average of $74.52. The firm has a market cap of $163.40 million, a PE ratio of 21.43 and a beta of 0.70. FlexShares US Quality Low Volatility Index Fund has a one year low of $68.13 and a one year high of $78.46.

About FlexShares US Quality Low Volatility Index Fund

The FlexShares US Quality Low Volatility Index Fund (QLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, market-cap-weighted index of US large- and mid-cap equities. QLV was launched on Jul 15, 2019 and is managed by FlexShares.