Short Interest in FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) Rises By 20.4%

FlexShares Quality Dividend Index Fund (NYSEARCA:QDF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 117,235 shares, an increase of 20.4% from the December 15th total of 97,366 shares. Based on an average trading volume of 40,502 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 40,502 shares, the days-to-cover ratio is presently 2.9 days.

FlexShares Quality Dividend Index Fund Price Performance

QDF opened at $82.38 on Tuesday. FlexShares Quality Dividend Index Fund has a 1 year low of $58.79 and a 1 year high of $82.70. The firm has a fifty day moving average price of $81.02 and a 200 day moving average price of $78.75. The stock has a market cap of $2.06 billion, a P/E ratio of 21.14 and a beta of 0.93.

Institutional Investors Weigh In On FlexShares Quality Dividend Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in QDF. Goldman Sachs Group Inc. grew its stake in shares of FlexShares Quality Dividend Index Fund by 66.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 96,561 shares of the company’s stock valued at $6,601,000 after buying an additional 38,512 shares during the period. Jane Street Group LLC lifted its holdings 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 valued at $669,000 after acquiring an additional 4,437 shares during the last quarter. Charter Capital Management LLC DE acquired a new position in shares of FlexShares Quality Dividend Index Fund in the 2nd quarter valued at $648,000. Magnus Financial Group LLC grew its holdings in shares of FlexShares Quality Dividend Index Fund by 0.7% during the 2nd quarter. Magnus Financial Group LLC now owns 65,723 shares of the company’s stock worth $4,810,000 after purchasing an additional 482 shares during the period. Finally, MKT Advisors LLC purchased a new position in shares of FlexShares Quality Dividend Index Fund during the 2nd quarter worth $220,000.

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.