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

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 5,278 shares, a drop of 14.1% from the March 31st total of 6,146 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 13,249 shares, the days-to-cover ratio is presently 0.4 days.

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

Hedge funds have recently bought and sold shares of the business. PFG Advisors increased its position in FlexShares Global Quality Real Estate Index Fund by 1.0% during the third quarter. PFG Advisors now owns 45,281 shares of the company’s stock worth $2,760,000 after acquiring an additional 427 shares during the period. Fermata Advisors LLC increased its position in FlexShares Global Quality Real Estate Index Fund by 1.9% during the fourth quarter. Fermata Advisors LLC now owns 20,930 shares of the company’s stock worth $1,232,000 after acquiring an additional 382 shares during the period. Diversify Advisory Services LLC bought a new position in FlexShares Global Quality Real Estate Index Fund during the fourth quarter worth about $569,000. Northwestern Mutual Wealth Management Co. increased its position in FlexShares Global Quality Real Estate Index Fund by 29.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 32,005 shares of the company’s stock worth $1,884,000 after acquiring an additional 7,278 shares during the period. Finally, Corient Private Wealth LLC bought a new position in FlexShares Global Quality Real Estate Index Fund during the fourth quarter worth about $1,064,000.

FlexShares Global Quality Real Estate Index Fund Stock Down 0.3%

Shares of NYSEARCA GQRE traded down $0.18 during mid-day trading on Friday, reaching $64.42. 21,676 shares of the company were exchanged, compared to its average volume of 16,224. FlexShares Global Quality Real Estate Index Fund has a twelve month low of $57.47 and a twelve month high of $65.47. The stock has a market capitalization of $376.86 million, a P/E ratio of 21.15 and a beta of 0.93. The company’s 50-day simple moving average is $62.54 and its 200-day simple moving average is $61.20.

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.