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

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 6,195 shares, a decline of 33.9% from the August 15th total of 9,372 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 4,375 shares, the days-to-cover ratio is presently 1.4 days.

FlexShares International Quality Dividend Dynamic Index Fund Trading Up 1.2%

IQDY traded up $0.51 during midday trading on Thursday, hitting $43.14. 7,972 shares of the company traded hands, compared to its average volume of 7,540. The business has a 50 day simple moving average of $43.05 and a two-hundred day simple moving average of $41.56. FlexShares International Quality Dividend Dynamic Index Fund has a 52-week low of $33.35 and a 52-week high of $44.46. The company has a market capitalization of $86.71 million, a price-to-earnings ratio of 12.34 and a beta of 0.88.

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.