Short Interest in FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Increases By 2,753.5%

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 107,236 shares, a growth of 2,753.5% from the June 15th total of 3,758 shares. Based on an average daily volume of 19,108 shares, the days-to-cover ratio is presently 5.6 days. Approximately 4.1% of the company’s stock are sold short.

Institutional Investors Weigh In On FlexShares International Quality Dividend Dynamic Index Fund

An institutional investor recently bought a new position in FlexShares International Quality Dividend Dynamic Index Fund stock. Reliant Wealth Planning acquired a new position in shares of FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,165 shares of the company’s stock, valued at approximately $209,000. Reliant Wealth Planning owned 0.26% of FlexShares International Quality Dividend Dynamic Index Fund as of its most recent SEC filing.

FlexShares International Quality Dividend Dynamic Index Fund Stock Performance

NYSEARCA IQDY traded up $0.40 during trading hours on Friday, reaching $42.75. 3,123 shares of the company’s stock were exchanged, compared to its average volume of 7,486. The company has a market capitalization of $111.15 million, a price-to-earnings ratio of 12.34 and a beta of 0.87. The company’s 50-day moving average is $42.39 and its two-hundred day moving average is $40.08. FlexShares International Quality Dividend Dynamic Index Fund has a one year low of $31.82 and a one year high of $44.33.

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.