FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Short Interest Up 84.0% in August

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 4,090 shares, a growth of 84.0% from the July 30th total of 2,223 shares. Based on an average trading volume of 5,524 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

FlexShares Quality Dividend Defensive Index Fund Stock Down 0.3%

FlexShares Quality Dividend Defensive Index Fund stock traded down $0.23 during mid-day trading on Friday, hitting $91.27. 3,273 shares of the company were exchanged, compared to its average volume of 9,332. The company has a market capitalization of $561.31 million, a PE ratio of 20.05 and a beta of 0.82. The business has a fifty day moving average of $89.00 and a 200 day moving average of $85.78. FlexShares Quality Dividend Defensive Index Fund has a 1-year low of $77.36 and a 1-year high of $91.80.

Hedge Funds Weigh In On FlexShares Quality Dividend Defensive Index Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in FlexShares Quality Dividend Defensive Index Fund by 0.9% in the first quarter. Cetera Investment Advisers now owns 19,118 shares of the company’s stock worth $1,526,000 after purchasing an additional 168 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 28.7% during the first quarter. Kestra Advisory Services LLC now owns 13,669 shares of the company’s stock worth $1,091,000 after purchasing an additional 3,047 shares during the last quarter. Cambient Family Office LLC grew its holdings in shares of FlexShares Quality Dividend Defensive Index Fund by 46.3% during the first quarter. Cambient Family Office LLC now owns 11,612 shares of the company’s stock worth $927,000 after purchasing an additional 3,677 shares during the last quarter. Stark Wealth Management LLC acquired a new stake in shares of FlexShares Quality Dividend Defensive Index Fund in the fourth quarter valued at $240,000. Finally, Clear Point Advisors Inc. increased its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 18.6% in the fourth quarter. Clear Point Advisors Inc. now owns 13,285 shares of the company’s stock valued at $1,076,000 after buying an additional 2,080 shares in the last quarter.

About FlexShares Quality Dividend Defensive Index Fund

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.