FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) Sees Large Decrease in Short Interest

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSEARCA:QLVD) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,613 shares, a decrease of 50.3% from the September 30th total of 3,246 shares. Based on an average daily trading volume, of 1,372 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.1% of the company’s shares are sold short.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Trading Up 0.3%

Shares of QLVD stock traded up $0.09 on Friday, reaching $34.71. 4,845 shares of the company’s stock were exchanged, compared to its average volume of 2,176. The company’s fifty day simple moving average is $33.99 and its 200 day simple moving average is $33.47. FlexShares Developed Markets ex-US Quality Low Volatility Index Fund has a 52 week low of $30.52 and a 52 week high of $35.04. The stock has a market capitalization of $53.80 million, a PE ratio of 16.48 and a beta of 0.50.

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund Company Profile

The FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities from developed markets excluding the US. Holdings are selected for quality and low volatility. QLVD was launched on Jul 15, 2019 and is managed by FlexShares.