Short Interest in FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Declines By 72.1%

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,142 shares, a drop of 72.1% from the August 15th total of 4,090 shares. Based on an average daily trading volume, of 7,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

FlexShares Quality Dividend Defensive Index Fund Stock Up 0.7%

Shares of QDEF stock traded up $0.62 during trading on Friday, reaching $90.53. 4,788 shares of the company’s stock were exchanged, compared to its average volume of 9,090. The stock has a market capitalization of $556.76 million, a PE ratio of 20.05 and a beta of 0.82. FlexShares Quality Dividend Defensive Index Fund has a twelve month low of $77.96 and a twelve month high of $91.97. The firm’s fifty day moving average price is $89.89 and its 200-day moving average price is $86.29.

Institutional Trading of FlexShares Quality Dividend Defensive Index Fund

A number of hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new stake in shares of FlexShares Quality Dividend Defensive Index Fund during the 2nd quarter worth about $515,000. Ameritas Advisory Services LLC raised its holdings in FlexShares Quality Dividend Defensive Index Fund by 73.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 10,258 shares of the company’s stock valued at $893,000 after acquiring an additional 4,341 shares during the period. Anson Capital Inc. raised its holdings in FlexShares Quality Dividend Defensive Index Fund by 11.5% in the 2nd quarter. Anson Capital Inc. now owns 20,126 shares of the company’s stock valued at $1,751,000 after acquiring an additional 2,079 shares during the period. Kaydan Wealth Management Inc. lifted its position in FlexShares Quality Dividend Defensive Index Fund by 2.6% during the second quarter. Kaydan Wealth Management Inc. now owns 11,827 shares of the company’s stock worth $1,029,000 after acquiring an additional 299 shares during the last quarter. Finally, RVW Wealth LLC boosted its stake in FlexShares Quality Dividend Defensive Index Fund by 9.2% in the 2nd quarter. RVW Wealth LLC now owns 88,065 shares of the company’s stock valued at $7,664,000 after purchasing an additional 7,403 shares during the period.

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.