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

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 5,278 shares, a decline of 14.1% from the March 31st total of 6,146 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 13,249 shares, the short-interest ratio is presently 0.4 days.

FlexShares Global Quality Real Estate Index Fund Stock Performance

Shares of NYSEARCA:GQRE traded down $0.09 during trading on Friday, hitting $64.51. The company’s stock had a trading volume of 3,992 shares, compared to its average volume of 16,010. The business has a 50 day moving average price of $62.54 and a two-hundred day moving average price of $61.20. The company has a market capitalization of $377.38 million, a PE ratio of 21.15 and a beta of 0.94. FlexShares Global Quality Real Estate Index Fund has a fifty-two week low of $57.47 and a fifty-two week high of $65.47.

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

Several institutional investors have recently modified their holdings of GQRE. ESL Trust Services LLC grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 2.8% during the fourth quarter. ESL Trust Services LLC now owns 609,395 shares of the company’s stock worth $35,869,000 after purchasing an additional 16,404 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 117,472 shares of the company’s stock worth $7,161,000 after purchasing an additional 6,071 shares in the last quarter. Boltwood Capital Management grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 2.9% during the fourth quarter. Boltwood Capital Management now owns 81,539 shares of the company’s stock worth $4,799,000 after purchasing an additional 2,277 shares in the last quarter. PFG Advisors grew its stake in shares of 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 purchasing an additional 427 shares in the last quarter. Finally, Wealthspire Retirement LLC grew its stake in shares of 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 purchasing an additional 746 shares in the last quarter.

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.