Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Decreases By 96.6%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,923 shares, a decrease of 96.6% from the May 31st total of 85,469 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 5,733 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On FlexShares Global Quality Real Estate Index Fund

Several hedge funds have recently made changes to their positions in GQRE. Jane Street Group LLC lifted its stake in FlexShares Global Quality Real Estate Index Fund by 247.3% in the first quarter. Jane Street Group LLC now owns 27,813 shares of the company’s stock worth $1,612,000 after acquiring an additional 19,804 shares during the period. PFG Advisors raised its holdings in FlexShares Global Quality Real Estate Index Fund by 1.0% in the 3rd quarter. PFG Advisors now owns 45,281 shares of the company’s stock worth $2,760,000 after purchasing an additional 427 shares in the last quarter. Bank of America Corp DE raised its holdings in FlexShares Global Quality Real Estate Index Fund by 2,550.4% in the 3rd quarter. Bank of America Corp DE now owns 29,844 shares of the company’s stock worth $1,819,000 after purchasing an additional 28,718 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of FlexShares Global Quality Real Estate Index Fund by 104.3% in the 3rd quarter. Citadel Advisors LLC now owns 21,514 shares of the company’s stock worth $1,311,000 after purchasing an additional 10,983 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of FlexShares Global Quality Real Estate Index Fund by 15.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 24,727 shares of the company’s stock worth $1,507,000 after purchasing an additional 3,378 shares during the period.

FlexShares Global Quality Real Estate Index Fund Price Performance

NYSEARCA:GQRE traded up $0.49 during mid-day trading on Friday, reaching $64.58. 5,939 shares of the company’s stock traded hands, compared to its average volume of 16,176. The company has a 50 day moving average price of $64.09 and a 200-day moving average price of $62.29. The firm has a market capitalization of $377.82 million, a price-to-earnings ratio of 21.15 and a beta of 0.91. FlexShares Global Quality Real Estate Index Fund has a 12-month low of $58.11 and a 12-month high of $65.47.

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.