FlexShares US Quality Large Cap Index Fund (BATS:QLC) Sees Large Increase in Short Interest

FlexShares US Quality Large Cap Index Fund (BATS:QLC) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 51,162 shares, an increase of 101.8% from the April 30th total of 25,350 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 37,786 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of FlexShares US Quality Large Cap Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. boosted its holdings in FlexShares US Quality Large Cap Index Fund by 130.3% during the second quarter. Osaic Holdings Inc. now owns 919 shares of the company’s stock worth $66,000 after buying an additional 520 shares in the last quarter. GeoWealth Management LLC bought a new position in shares of FlexShares US Quality Large Cap Index Fund in the third quarter valued at $122,000. Wells Fargo & Company MN lifted its position in shares of FlexShares US Quality Large Cap Index Fund by 161,600.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,617 shares of the company’s stock valued at $131,000 after acquiring an additional 1,616 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of FlexShares US Quality Large Cap Index Fund during the 4th quarter valued at $138,000. Finally, Capital Advisors Ltd. LLC bought a new stake in shares of FlexShares US Quality Large Cap Index Fund during the 4th quarter worth $158,000.

FlexShares US Quality Large Cap Index Fund Stock Performance

Shares of BATS QLC opened at $90.14 on Monday. FlexShares US Quality Large Cap Index Fund has a twelve month low of $67.14 and a twelve month high of $90.28. The firm has a 50-day moving average of $84.06 and a two-hundred day moving average of $82.24. The company has a market capitalization of $667.04 million, a price-to-earnings ratio of 22.28 and a beta of 1.00.

FlexShares US Quality Large Cap Index Fund Company Profile

The FlexShares US Quality Large Cap Index Fund (QLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the highest quality large-caps in the US market. QLC was launched on Sep 24, 2015 and is managed by FlexShares.