FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) Sees Large Increase in Short Interest

FlexShares International Quality Dividend Dynamic Index Fund (NYSEARCA:IQDY) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,479 shares, an increase of 76.2% from the May 14th total of 1,974 shares. Based on an average daily volume of 7,871 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FlexShares International Quality Dividend Dynamic Index Fund stock. Reliant Wealth Planning purchased 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 SEC. The institutional investor purchased 6,165 shares of the company’s stock, valued at approximately $209,000. Reliant Wealth Planning owned about 0.26% of FlexShares International Quality Dividend Dynamic Index Fund at the end of the most recent reporting period.

FlexShares International Quality Dividend Dynamic Index Fund Stock Up 1.1%

Shares of IQDY stock opened at $44.20 on Wednesday. The company has a market capitalization of $110.49 million, a P/E ratio of 12.34 and a beta of 0.87. FlexShares International Quality Dividend Dynamic Index Fund has a 12-month low of $30.83 and a 12-month high of $43.98. The firm has a 50-day moving average price of $41.57 and a 200 day moving average price of $39.28.

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.