FlexShares US Quality Large Cap Index Fund (BATS:QLC) Short Interest Update

FlexShares US Quality Large Cap Index Fund (BATS:QLC) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 25,350 shares, a growth of 331.9% from the April 15th total of 5,869 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 33,574 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. lifted its stake 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 purchasing an additional 520 shares in the last quarter. Rossmore Private Capital acquired a new stake in FlexShares US Quality Large Cap Index Fund in the third quarter valued at $117,000. GeoWealth Management LLC acquired a new stake in FlexShares US Quality Large Cap Index Fund in the third quarter valued at $122,000. Wells Fargo & Company MN raised its stake in FlexShares US Quality Large Cap Index Fund by 161,600.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,617 shares of the company’s stock valued at $131,000 after buying an additional 1,616 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in FlexShares US Quality Large Cap Index Fund in the fourth quarter valued at $138,000.

FlexShares US Quality Large Cap Index Fund Price Performance

QLC stock opened at $87.56 on Wednesday. The business has a 50 day simple moving average of $81.97 and a 200-day simple moving average of $81.40. The firm has a market capitalization of $647.94 million, a PE ratio of 22.28 and a beta of 1.00. FlexShares US Quality Large Cap Index Fund has a 1 year low of $66.23 and a 1 year high of $87.85.

About FlexShares US Quality Large Cap Index Fund

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.