Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Decreases By 57.7%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 48,445 shares, a decline of 57.7% from the April 30th total of 114,400 shares. Based on an average trading volume of 24,421 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.8% of the shares of the company are sold short.

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

Large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 2,550.4% during the 3rd quarter. Bank of America Corp DE now owns 29,844 shares of the company’s stock worth $1,819,000 after buying an additional 28,718 shares during the period. Jane Street Group LLC raised its holdings in FlexShares Global Quality Real Estate Index Fund by 247.3% in the 1st quarter. Jane Street Group LLC now owns 27,813 shares of the company’s stock valued at $1,612,000 after acquiring an additional 19,804 shares during the period. Corient Private Wealth LLC acquired a new stake in FlexShares Global Quality Real Estate Index Fund during the fourth quarter worth approximately $1,064,000. ESL Trust Services LLC lifted its position in 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 acquiring an additional 16,404 shares during the last quarter. Finally, Tcfg Wealth Management LLC bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the third quarter worth approximately $713,000.

FlexShares Global Quality Real Estate Index Fund Stock Down 1.6%

Shares of GQRE stock traded down $1.02 during trading on Monday, reaching $63.18. 8,513 shares of the company’s stock were exchanged, compared to its average volume of 17,494. FlexShares Global Quality Real Estate Index Fund has a twelve month low of $58.11 and a twelve month high of $65.47. The firm’s fifty day moving average price is $62.96 and its 200-day moving average price is $61.82. The stock has a market capitalization of $369.60 million, a PE ratio of 21.15 and a beta of 0.93.

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.