FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Short Interest Update

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 2,273 shares, a decline of 16.2% from the February 12th total of 2,712 shares. Based on an average trading volume of 26,771 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 26,771 shares, the short-interest ratio is presently 0.1 days.

FlexShares Quality Dividend Index Fund Stock Performance

Shares of QDF stock traded up $0.84 on Monday, hitting $80.54. 6,760 shares of the stock traded hands, compared to its average volume of 31,501. FlexShares Quality Dividend Index Fund has a twelve month low of $58.79 and a twelve month high of $84.28. The firm’s 50-day moving average price is $82.38 and its two-hundred day moving average price is $80.65. The stock has a market capitalization of $2.02 billion, a PE ratio of 21.14 and a beta of 0.93.

Hedge Funds Weigh In On FlexShares Quality Dividend Index Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of FlexShares Quality Dividend Index Fund by 66.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 96,561 shares of the company’s stock worth $6,601,000 after buying an additional 38,512 shares during the last quarter. Jane Street Group LLC grew its position in FlexShares Quality Dividend Index Fund by 82.9% in the first quarter. Jane Street Group LLC now owns 9,789 shares of the company’s stock worth $669,000 after acquiring an additional 4,437 shares during the period. Bank of New York Mellon Corp increased its stake in FlexShares Quality Dividend Index Fund by 7.9% during the second quarter. Bank of New York Mellon Corp now owns 270,577 shares of the company’s stock worth $19,801,000 after acquiring an additional 19,826 shares during the last quarter. Cetera Investment Advisers increased its stake in FlexShares Quality Dividend Index Fund by 13.8% during the second quarter. Cetera Investment Advisers now owns 12,538 shares of the company’s stock worth $917,000 after acquiring an additional 1,517 shares during the last quarter. Finally, Cozad Asset Management Inc. purchased a new stake in FlexShares Quality Dividend Index Fund in the second quarter valued at $210,000.

FlexShares Quality Dividend Index Fund Company Profile

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.