Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Decreases By 96.0%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 861 shares, a drop of 96.0% from the June 30th total of 21,273 shares. Based on an average trading volume of 7,828 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

FlexShares Global Quality Real Estate Index Fund Trading Up 1.6%

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC grew 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 worth $108,000 after buying an additional 409 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of FlexShares Global Quality Real Estate Index Fund in the 4th quarter valued at approximately $223,000. MML Investors Services LLC lifted its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 11.5% during the 4th quarter. MML Investors Services LLC now owns 9,626 shares of the company’s stock worth $567,000 after acquiring an additional 990 shares during the period. Diversify Advisory Services LLC bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the 4th quarter worth approximately $569,000. Finally, Diversify Wealth Management LLC acquired a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the 1st quarter worth approximately $589,000.

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.