FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Short Interest Down 37.9% in January

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 21,319 shares, a decrease of 37.9% from the January 15th total of 34,305 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 10,905 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 10,905 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of FlexShares Quality Dividend Defensive Index Fund

Several institutional investors have recently bought and sold shares of the business. LPL Financial LLC raised its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 4.4% during the 4th quarter. LPL Financial LLC now owns 175,605 shares of the company’s stock worth $14,217,000 after buying an additional 7,349 shares during the period. Sloy Dahl & Holst LLC increased its holdings in FlexShares Quality Dividend Defensive Index Fund by 2.9% in the 4th quarter. Sloy Dahl & Holst LLC now owns 70,627 shares of the company’s stock worth $5,718,000 after acquiring an additional 2,003 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in FlexShares Quality Dividend Defensive Index Fund by 20.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 67,010 shares of the company’s stock worth $5,425,000 after acquiring an additional 11,341 shares during the period. Raymond James Financial Inc. lifted its holdings in FlexShares Quality Dividend Defensive Index Fund by 6.5% during the second quarter. Raymond James Financial Inc. now owns 54,703 shares of the company’s stock valued at $4,051,000 after purchasing an additional 3,360 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its holdings in FlexShares Quality Dividend Defensive Index Fund by 4,554.9% during the second quarter. Laurel Wealth Advisors LLC now owns 50,133 shares of the company’s stock valued at $3,712,000 after purchasing an additional 49,056 shares in the last quarter.

FlexShares Quality Dividend Defensive Index Fund Stock Up 0.7%

Shares of QDEF stock traded up $0.56 during mid-day trading on Friday, hitting $83.32. 1,835 shares of the stock were exchanged, compared to its average volume of 11,756. FlexShares Quality Dividend Defensive Index Fund has a 52-week low of $61.61 and a 52-week high of $84.60. The company has a market cap of $509.92 million, a PE ratio of 20.05 and a beta of 0.85. The firm has a fifty day moving average of $81.97 and a 200 day moving average of $80.07.

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.