FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Sees Significant Growth in Short Interest

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 3,479 shares, an increase of 76.2% from the May 14th total of 1,974 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 7,871 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FlexShares International Quality Dividend Dynamic Index Fund stock. Reliant Wealth Planning acquired a new position in shares of FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,165 shares of the company’s stock, valued at approximately $209,000. Reliant Wealth Planning owned approximately 0.26% of FlexShares International Quality Dividend Dynamic Index Fund as of its most recent filing with the SEC.

FlexShares International Quality Dividend Dynamic Index Fund Stock Performance

Shares of NYSEARCA:IQDY traded up $0.66 on Monday, hitting $43.82. 5,587 shares of the company’s stock were exchanged, compared to its average volume of 6,623. The firm’s 50-day moving average is $41.34 and its 200 day moving average is $39.16. The company has a market capitalization of $109.55 million, a PE ratio of 12.34 and a beta of 0.87. FlexShares International Quality Dividend Dynamic Index Fund has a 1-year low of $30.83 and a 1-year high of $43.98.

FlexShares International Quality Dividend Dynamic Index Fund Company Profile

The FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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 and weighted by dividend yield and other fundamentals. The index aims for higher market risk. IQDY was launched on Apr 12, 2013 and is managed by FlexShares.