Short Interest in FlexShares US Quality Large Cap Index Fund (BATS:QLC) Grows By 138.0%

FlexShares US Quality Large Cap Index Fund (BATS:QLC) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 49,521 shares, a growth of 138.0% from the May 31st total of 20,807 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 34,275 shares, the short-interest ratio is currently 1.4 days.

FlexShares US Quality Large Cap Index Fund Price Performance

Shares of BATS QLC opened at $88.11 on Monday. The company’s 50-day simple moving average is $87.91 and its 200-day simple moving average is $83.57. FlexShares US Quality Large Cap Index Fund has a 52-week low of $70.23 and a 52-week high of $90.88. The firm has a market cap of $652.01 million, a price-to-earnings ratio of 22.28 and a beta of 1.00.

Institutional Investors Weigh In On FlexShares US Quality Large Cap Index Fund

Several institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. raised its holdings in shares of 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 valued at $66,000 after acquiring an additional 520 shares during the last quarter. GeoWealth Management LLC acquired a new stake in shares of FlexShares US Quality Large Cap Index Fund in the third quarter worth approximately $122,000. Wells Fargo & Company MN boosted its stake in shares of 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 worth $131,000 after acquiring an additional 1,616 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of FlexShares US Quality Large Cap Index Fund during the fourth quarter worth approximately $138,000. Finally, Capital Advisors Ltd. LLC acquired a new position in FlexShares US Quality Large Cap Index Fund in the 4th quarter valued at $158,000.

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.