Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Increases By 427.9%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 6,287 shares, a growth of 427.9% from the July 30th total of 1,191 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 9,499 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of FlexShares Global Quality Real Estate Index Fund

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC increased its position in FlexShares Global Quality Real Estate Index Fund by 247.3% during the 1st quarter. Jane Street Group LLC now owns 27,813 shares of the company’s stock valued at $1,612,000 after purchasing an additional 19,804 shares during the period. Bank of America Corp DE boosted its stake in shares of FlexShares Global Quality Real Estate Index Fund by 2,550.4% during the third quarter. Bank of America Corp DE now owns 29,844 shares of the company’s stock valued at $1,819,000 after purchasing an additional 28,718 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of FlexShares Global Quality Real Estate Index Fund by 104.3% during the third quarter. Citadel Advisors LLC now owns 21,514 shares of the company’s stock valued at $1,311,000 after purchasing an additional 10,983 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in FlexShares Global Quality Real Estate Index Fund by 15.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 24,727 shares of the company’s stock valued at $1,507,000 after buying an additional 3,378 shares during the period. Finally, Tcfg Wealth Management LLC bought a new position in FlexShares Global Quality Real Estate Index Fund in the third quarter worth approximately $713,000.

FlexShares Global Quality Real Estate Index Fund Price Performance

Shares of GQRE stock traded down $0.59 during mid-day trading on Thursday, hitting $64.03. The stock had a trading volume of 9,809 shares, compared to its average volume of 14,386. FlexShares Global Quality Real Estate Index Fund has a 12-month low of $58.11 and a 12-month high of $67.49. The firm has a market capitalization of $416.19 million, a P/E ratio of 21.15 and a beta of 0.90. The firm’s 50-day moving average is $64.76 and its two-hundred day moving average is $63.80.

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.