FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Short Interest Down 24.3% in January

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 719 shares, a drop of 24.3% from the January 15th total of 950 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 15,179 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 15,179 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

FlexShares Global Quality Real Estate Index Fund Stock Performance

Shares of FlexShares Global Quality Real Estate Index Fund stock opened at $64.33 on Tuesday. The stock has a market cap of $366.68 million, a P/E ratio of 21.15 and a beta of 0.96. The stock’s fifty day moving average is $60.58 and its 200 day moving average is $60.40. FlexShares Global Quality Real Estate Index Fund has a one year low of $51.25 and a one year high of $64.66.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GQRE. CIBC Private Wealth Group LLC raised its stake in FlexShares Global Quality Real Estate Index Fund by 28.6% during the 4th 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. Goldman Sachs Group Inc. bought a new position in shares of FlexShares Global Quality Real Estate Index Fund in the fourth quarter worth approximately $223,000. Smartleaf Asset Management LLC purchased a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the third quarter worth $478,000. MML Investors Services LLC increased its stake in shares of FlexShares Global Quality Real Estate Index Fund by 11.5% in the fourth quarter. MML Investors Services LLC now owns 9,626 shares of the company’s stock worth $567,000 after purchasing an additional 990 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the 4th quarter valued at $569,000.

About FlexShares Global Quality Real Estate Index Fund

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.