FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Short Interest Down 33.3% in August

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,000 shares, a decline of 33.3% from the August 15th total of 6,000 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

FlexShares Quality Dividend Defensive Index Fund Stock Performance

NYSEARCA QDEF opened at $79.13 on Thursday. The company has a market cap of $472.41 million, a P/E ratio of 20.05 and a beta of 0.90. The business’s 50 day moving average price is $77.08 and its 200-day moving average price is $72.68. FlexShares Quality Dividend Defensive Index Fund has a fifty-two week low of $61.61 and a fifty-two week high of $79.71.

Hedge Funds Weigh In On FlexShares Quality Dividend Defensive Index Fund

Several large investors have recently modified their holdings of the stock. Anson Capital Inc. increased its position in shares of FlexShares Quality Dividend Defensive Index Fund by 1.4% during the 2nd quarter. Anson Capital Inc. now owns 12,226 shares of the company’s stock valued at $905,000 after purchasing an additional 168 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in FlexShares Quality Dividend Defensive Index Fund by 1.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 13,142 shares of the company’s stock valued at $973,000 after acquiring an additional 232 shares during the period. Nova Wealth Management Inc. boosted its holdings in FlexShares Quality Dividend Defensive Index Fund by 106.7% during the 2nd quarter. Nova Wealth Management Inc. now owns 461 shares of the company’s stock valued at $34,000 after acquiring an additional 238 shares during the period. RVW Wealth LLC boosted its holdings in FlexShares Quality Dividend Defensive Index Fund by 0.4% during the 2nd quarter. RVW Wealth LLC now owns 88,323 shares of the company’s stock valued at $6,540,000 after acquiring an additional 309 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in FlexShares Quality Dividend Defensive Index Fund by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 28,197 shares of the company’s stock valued at $1,971,000 after acquiring an additional 372 shares during the period.

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.