Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Drops By 96.6%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 2,923 shares, a decrease of 96.6% from the May 31st total of 85,469 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,733 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On FlexShares Global Quality Real Estate Index Fund

Institutional investors have recently modified their holdings of the stock. Studio Investment Management LLC lifted its position in shares of FlexShares Global Quality Real Estate Index Fund by 1.6% during the fourth quarter. Studio Investment Management LLC now owns 19,932 shares of the company’s stock worth $1,173,000 after purchasing an additional 320 shares during the last quarter. Fermata Advisors LLC raised its stake 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 valued at $1,232,000 after buying an additional 382 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in FlexShares Global Quality Real Estate Index Fund by 28.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,837 shares of the company’s stock valued at $108,000 after buying an additional 409 shares in the last quarter. PFG Advisors lifted its holdings in FlexShares Global Quality Real Estate Index Fund by 1.0% during the 3rd quarter. PFG Advisors now owns 45,281 shares of the company’s stock worth $2,760,000 after buying an additional 427 shares during the last quarter. Finally, Wealthspire Retirement LLC grew its position in shares of FlexShares Global Quality Real Estate Index Fund by 1.7% in the 4th quarter. Wealthspire Retirement LLC now owns 43,735 shares of the company’s stock worth $2,574,000 after acquiring an additional 746 shares in the last quarter.

FlexShares Global Quality Real Estate Index Fund Price Performance

GQRE traded up $0.17 during trading on Thursday, hitting $64.09. The company had a trading volume of 16,369 shares, compared to its average volume of 16,263. The company has a market cap of $374.93 million, a PE ratio of 21.15 and a beta of 0.91. The business has a 50-day moving average of $64.09 and a 200-day moving average of $62.29. FlexShares Global Quality Real Estate Index Fund has a 1-year low of $58.11 and a 1-year high of $65.47.

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.