FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Short Interest Down 69.7% in June

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 4,374 shares, a decline of 69.7% from the May 31st total of 14,412 shares. Based on an average daily volume of 20,749 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

FlexShares Quality Dividend Index Fund Price Performance

NYSEARCA QDF traded up $1.38 on Monday, hitting $89.46. 37,555 shares of the company’s stock were exchanged, compared to its average volume of 28,802. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 21.14 and a beta of 0.92. The firm’s 50-day moving average price is $87.55 and its two-hundred day moving average price is $83.70. FlexShares Quality Dividend Index Fund has a fifty-two week low of $72.83 and a fifty-two week high of $90.38.

Institutional Trading of FlexShares Quality Dividend Index Fund

A number of institutional investors have recently modified their holdings of the business. WealthPoint Financial LLC raised its position in FlexShares Quality Dividend Index Fund by 3.4% in the first quarter. WealthPoint Financial LLC now owns 5,049 shares of the company’s stock worth $399,000 after acquiring an additional 168 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of FlexShares Quality Dividend Index Fund by 4.0% during the 3rd quarter. NewEdge Advisors LLC now owns 6,297 shares of the company’s stock worth $500,000 after purchasing an additional 240 shares in the last quarter. McGinn Penninger Investment Management Inc. boosted its position in shares of FlexShares Quality Dividend Index Fund by 4.0% during the 4th quarter. McGinn Penninger Investment Management Inc. now owns 7,762 shares of the company’s stock worth $627,000 after purchasing an additional 301 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of FlexShares Quality Dividend Index Fund by 6.2% during the 1st quarter. Quantinno Capital Management LP now owns 5,365 shares of the company’s stock worth $424,000 after purchasing an additional 311 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of FlexShares Quality Dividend Index Fund by 3.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,415 shares of the company’s stock worth $680,000 after purchasing an additional 319 shares during the period.

About FlexShares Quality Dividend Index Fund

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.