FlexShares US Quality Large Cap Index Fund (BATS:QLC) Sees Significant Growth in Short Interest

FlexShares US Quality Large Cap Index Fund (BATS:QLC) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 51,162 shares, a growth of 101.8% from the April 30th total of 25,350 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 37,786 shares, the short-interest ratio is currently 1.4 days.

Institutional Trading of FlexShares US Quality Large Cap Index Fund

Large investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its stake in shares of FlexShares US Quality Large Cap Index Fund by 130.3% during the second quarter. Osaic Holdings Inc. now owns 919 shares of the company’s stock valued at $66,000 after acquiring an additional 520 shares in the last quarter. GeoWealth Management LLC bought a new position in FlexShares US Quality Large Cap Index Fund in the third quarter worth about $122,000. Wells Fargo & Company MN lifted its holdings in FlexShares US Quality Large Cap Index Fund by 161,600.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,617 shares of the company’s stock worth $131,000 after acquiring an additional 1,616 shares during the last quarter. International Assets Investment Management LLC bought a new position in FlexShares US Quality Large Cap Index Fund in the fourth quarter worth about $138,000. Finally, Capital Advisors Ltd. LLC bought a new stake in shares of FlexShares US Quality Large Cap Index Fund during the fourth quarter valued at approximately $158,000.

FlexShares US Quality Large Cap Index Fund Stock Up 0.3%

QLC stock opened at $90.72 on Wednesday. The company has a market cap of $671.33 million, a price-to-earnings ratio of 22.28 and a beta of 1.00. The business has a fifty day simple moving average of $84.29 and a 200-day simple moving average of $82.32. FlexShares US Quality Large Cap Index Fund has a 52 week low of $67.84 and a 52 week high of $90.88.

About FlexShares US Quality Large Cap Index Fund

The FlexShares US Quality Large Cap Index Fund (QLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the highest quality large-caps in the US market. QLC was launched on Sep 24, 2015 and is managed by FlexShares.