FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Sees Large Growth in Short Interest

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 85,469 shares, an increase of 76.4% from the May 14th total of 48,445 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average trading volume of 22,335 shares, the short-interest ratio is presently 3.8 days.

Institutional Trading of FlexShares Global Quality Real Estate Index Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Studio Investment Management LLC grew its holdings in FlexShares Global Quality Real Estate Index Fund by 1.6% during the fourth quarter. Studio Investment Management LLC now owns 19,932 shares of the company’s stock worth $1,173,000 after acquiring an additional 320 shares during the period. Fermata Advisors LLC grew its holdings in FlexShares Global Quality Real Estate Index Fund by 1.9% during the fourth quarter. Fermata Advisors LLC now owns 20,930 shares of the company’s stock worth $1,232,000 after acquiring an additional 382 shares during the period. CIBC Private Wealth Group LLC grew its holdings in FlexShares Global Quality Real Estate Index Fund by 28.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,837 shares of the company’s stock worth $108,000 after acquiring an additional 409 shares during the period. PFG Advisors grew its holdings in FlexShares Global Quality Real Estate Index Fund by 1.0% during the third quarter. PFG Advisors now owns 45,281 shares of the company’s stock worth $2,760,000 after acquiring an additional 427 shares during the period. Finally, Wealthspire Retirement LLC grew its holdings in FlexShares Global Quality Real Estate Index Fund by 1.7% during the fourth quarter. Wealthspire Retirement LLC now owns 43,735 shares of the company’s stock worth $2,574,000 after acquiring an additional 746 shares during the period.

FlexShares Global Quality Real Estate Index Fund Stock Performance

FlexShares Global Quality Real Estate Index Fund stock traded down $0.35 during midday trading on Monday, hitting $64.77. 3,322 shares of the company were exchanged, compared to its average volume of 16,426. The firm has a market capitalization of $378.90 million, a PE ratio of 21.15 and a beta of 0.91. FlexShares Global Quality Real Estate Index Fund has a fifty-two week low of $58.11 and a fifty-two week high of $65.47. The business has a fifty day simple moving average of $63.77 and a two-hundred day simple moving average of $62.08.

FlexShares Global Quality Real Estate Index Fund Company Profile

The FlexShares Global Quality Real Estate Index Fund (GQRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a global index of non-mortgage REITs and operating companies, selected and weighted by quality, momentum and value. GQRE was launched on Nov 6, 2013 and is managed by FlexShares.