Short Interest in FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Decreases By 80.6%

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,223 shares, a decrease of 80.6% from the July 15th total of 11,437 shares. Based on an average daily trading volume, of 6,306 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 32,100.0% in the fourth quarter. Wells Fargo & Company MN now owns 322 shares of the company’s stock worth $26,000 after purchasing an additional 321 shares during the period. Laurel Wealth Advisors LLC bought a new stake in FlexShares Quality Dividend Defensive Index Fund during the fourth quarter valued at $39,000. Security National Bank bought a new stake in FlexShares Quality Dividend Defensive Index Fund during the fourth quarter valued at $40,000. BOKF NA purchased a new position in FlexShares Quality Dividend Defensive Index Fund during the third quarter worth about $80,000. Finally, PNC Financial Services Group Inc. grew its position in FlexShares Quality Dividend Defensive Index Fund by 87.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,049 shares of the company’s stock worth $85,000 after buying an additional 488 shares in the last quarter.

FlexShares Quality Dividend Defensive Index Fund Trading Up 0.4%

Shares of QDEF stock traded up $0.34 during trading hours on Thursday, reaching $91.71. The stock had a trading volume of 3,768 shares, compared to its average volume of 9,411. The stock’s fifty day simple moving average is $87.96 and its 200 day simple moving average is $85.07. FlexShares Quality Dividend Defensive Index Fund has a 12 month low of $77.25 and a 12 month high of $91.80. The firm has a market capitalization of $564.02 million, a PE ratio of 20.05 and a beta of 0.82.

FlexShares Quality Dividend Defensive Index Fund Company Profile

The FlexShares Quality Dividend Defensive Index Fund (QDEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index. QDEF was launched on Dec 14, 2012 and is managed by FlexShares.