Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Grows By 129.2%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 14,410 shares, an increase of 129.2% from the August 15th total of 6,287 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 8,041 shares, the days-to-cover ratio is currently 1.8 days.

FlexShares Global Quality Real Estate Index Fund Stock Performance

Shares of NYSEARCA GQRE opened at $62.15 on Monday. The stock has a 50 day moving average price of $64.55 and a 200 day moving average price of $63.72. The stock has a market capitalization of $403.98 million, a PE ratio of 21.15 and a beta of 0.90. FlexShares Global Quality Real Estate Index Fund has a 52 week low of $58.11 and a 52 week high of $67.49.

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

Several hedge funds and other institutional investors have recently made changes to their positions in GQRE. Valeo Financial Advisors LLC acquired a new position in FlexShares Global Quality Real Estate Index Fund during the second quarter worth $1,566,000. Dynamic Advisor Solutions LLC increased its position in FlexShares Global Quality Real Estate Index Fund by 7.9% during the second quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock worth $10,854,000 after buying an additional 12,383 shares during the last quarter. Boltwood Capital Management raised its stake in FlexShares Global Quality Real Estate Index Fund by 1.5% in the second quarter. Boltwood Capital Management now owns 84,852 shares of the company’s stock valued at $5,430,000 after buying an additional 1,225 shares during the period. Bank of America Corp DE raised its stake in FlexShares Global Quality Real Estate Index Fund by 4.5% in the first quarter. Bank of America Corp DE now owns 31,191 shares of the company’s stock valued at $1,864,000 after buying an additional 1,347 shares during the period. Finally, Wealthspire Retirement LLC lifted its position in shares of FlexShares Global Quality Real Estate Index Fund by 18.1% in the first quarter. Wealthspire Retirement LLC now owns 51,658 shares of the company’s stock valued at $3,086,000 after buying an additional 7,923 shares during 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.