FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Short Interest Update

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 861 shares, a decline of 96.0% from the June 30th total of 21,273 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,828 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of FlexShares Global Quality Real Estate Index Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of 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 valued at $1,819,000 after acquiring an additional 28,718 shares during the period. Valeo Financial Advisors LLC bought a new stake in FlexShares Global Quality Real Estate Index Fund during the second quarter valued at about $1,566,000. Jane Street Group LLC boosted its position in FlexShares Global Quality Real Estate Index Fund by 247.3% during the first quarter. Jane Street Group LLC now owns 27,813 shares of the company’s stock valued at $1,612,000 after purchasing an additional 19,804 shares in the last quarter. Corient Private Wealth LLC purchased a new position in FlexShares Global Quality Real Estate Index Fund in the fourth quarter valued at about $1,064,000. Finally, ESL Trust Services LLC raised its holdings in FlexShares Global Quality Real Estate Index Fund by 2.8% in 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.

FlexShares Global Quality Real Estate Index Fund Stock Up 1.6%

GQRE stock traded up $1.03 during trading on Friday, hitting $66.47. The company had a trading volume of 6,099 shares, compared to its average volume of 15,199. FlexShares Global Quality Real Estate Index Fund has a 52-week low of $58.11 and a 52-week high of $67.49. The company has a 50 day simple moving average of $64.42 and a 200-day simple moving average of $63.11. The firm has a market capitalization of $432.06 million, a P/E ratio of 21.15 and a beta of 0.91.

About FlexShares Global Quality Real Estate Index Fund

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.