FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) Stock Short Interest Rises 286.1%

FlexShares International Quality Dividend Index Fund (NYSEARCA:IQDF) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 100,219 shares, a growth of 286.1% from the September 15th total of 25,958 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 50,398 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On FlexShares International Quality Dividend Index Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Keybank National Association OH raised its position in shares of FlexShares International Quality Dividend Index Fund by 8.1% during the first quarter. Keybank National Association OH now owns 3,092,929 shares of the company’s stock worth $97,953,000 after acquiring an additional 232,724 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of FlexShares International Quality Dividend Index Fund by 14.3% in the first quarter. Bank of New York Mellon Corp now owns 859,058 shares of the company’s stock worth $27,206,000 after acquiring an additional 107,281 shares during the period. Curry Webb Wealth Management LLC bought a new stake in FlexShares International Quality Dividend Index Fund in the first quarter valued at approximately $2,086,000. Wealthfront Advisers LLC boosted its holdings in FlexShares International Quality Dividend Index Fund by 45.6% in the first quarter. Wealthfront Advisers LLC now owns 137,173 shares of the company’s stock valued at $4,344,000 after acquiring an additional 42,991 shares during the last quarter. Finally, First Heartland Consultants Inc. acquired a new stake in FlexShares International Quality Dividend Index Fund during the 3rd quarter valued at approximately $1,144,000.

FlexShares International Quality Dividend Index Fund Stock Performance

Shares of FlexShares International Quality Dividend Index Fund stock traded up $0.27 on Friday, hitting $34.39. The stock had a trading volume of 20,983 shares, compared to its average volume of 72,627. The stock has a 50 day moving average of $35.40 and a 200 day moving average of $34.45. FlexShares International Quality Dividend Index Fund has a twelve month low of $27.91 and a twelve month high of $36.52. The firm has a market capitalization of $1.14 billion, a P/E ratio of 11.37 and a beta of 0.70.

About FlexShares International Quality Dividend Index Fund

The FlexShares International Quality Dividend Index Fund (IQDF) 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 by dividend payments and other fundamentals. The index aims for market-like risk. IQDF was launched on Apr 12, 2013 and is managed by FlexShares.