FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEF) Short Interest Update

FlexShares Quality Dividend Defensive Index Fund (NYSEARCA:QDEFGet Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,472 shares, a decline of 73.3% from the May 31st total of 13,028 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,193 shares, the short-interest ratio is presently 0.5 days.

FlexShares Quality Dividend Defensive Index Fund Stock Up 0.2%

FlexShares Quality Dividend Defensive Index Fund stock opened at $85.59 on Friday. The stock has a market cap of $530.66 million, a P/E ratio of 20.05 and a beta of 0.83. FlexShares Quality Dividend Defensive Index Fund has a twelve month low of $73.37 and a twelve month high of $88.34. The company’s 50-day moving average price is $86.25 and its two-hundred day moving average price is $83.41.

Institutional Trading of FlexShares Quality Dividend Defensive Index Fund

Hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in FlexShares Quality Dividend Defensive Index Fund by 32,100.0% in the 4th quarter. Wells Fargo & Company MN now owns 322 shares of the company’s stock valued at $26,000 after buying an additional 321 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of FlexShares Quality Dividend Defensive Index Fund during the fourth quarter worth $39,000. Security National Bank bought a new stake in shares of FlexShares Quality Dividend Defensive Index Fund in the fourth quarter valued at about $40,000. BOKF NA bought a new stake in shares of FlexShares Quality Dividend Defensive Index Fund in the third quarter valued at about $80,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of FlexShares Quality Dividend Defensive Index Fund by 87.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,049 shares of the company’s stock valued at $85,000 after acquiring an additional 488 shares in the last quarter.

About FlexShares Quality Dividend Defensive Index Fund

(Get Free Report)

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.

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