FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Short Interest Up 667.0% in February

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 17,603 shares, a growth of 667.0% from the February 12th total of 2,295 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 21,199 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 21,199 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC increased its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 28.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,837 shares of the company’s stock valued at $108,000 after purchasing an additional 409 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the fourth quarter valued at about $223,000. Smartleaf Asset Management LLC acquired a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the 3rd quarter worth approximately $478,000. MML Investors Services LLC lifted 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 valued at $567,000 after buying an additional 990 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new position in shares of FlexShares Global Quality Real Estate Index Fund during the fourth quarter valued at about $569,000.

FlexShares Global Quality Real Estate Index Fund Stock Down 0.1%

Shares of FlexShares Global Quality Real Estate Index Fund stock traded down $0.09 during trading on Tuesday, hitting $62.89. The stock had a trading volume of 7,767 shares, compared to its average volume of 13,982. The stock has a 50 day simple moving average of $62.14 and a 200 day simple moving average of $60.90. The company has a market capitalization of $358.47 million, a PE ratio of 21.15 and a beta of 0.96. FlexShares Global Quality Real Estate Index Fund has a 1 year low of $51.25 and a 1 year 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.