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

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 21,273 shares, an increase of 627.8% from the June 15th total of 2,923 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 12,557 shares, the days-to-cover ratio is presently 1.7 days.

FlexShares Global Quality Real Estate Index Fund Stock Up 0.3%

FlexShares Global Quality Real Estate Index Fund stock traded up $0.18 on Monday, hitting $64.77. The company’s stock had a trading volume of 1,797 shares, compared to its average volume of 15,547. The firm has a market cap of $414.53 million, a P/E ratio of 21.15 and a beta of 0.91. The company has a fifty day moving average price of $64.21 and a 200-day moving average price of $62.67. FlexShares Global Quality Real Estate Index Fund has a one year low of $58.11 and a one year high of $65.47.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC bought a new position in FlexShares Global Quality Real Estate Index Fund during the second quarter worth about $1,566,000. Dynamic Advisor Solutions LLC grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 7.9% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock valued at $10,854,000 after purchasing an additional 12,383 shares during the period. Boltwood Capital Management grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 1.5% in the 2nd quarter. Boltwood Capital Management now owns 84,852 shares of the company’s stock valued at $5,430,000 after purchasing an additional 1,225 shares during the period. Wealthspire Retirement LLC grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 18.1% in the 1st quarter. Wealthspire Retirement LLC now owns 51,658 shares of the company’s stock valued at $3,086,000 after purchasing an additional 7,923 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in shares of FlexShares Global Quality Real Estate Index Fund in 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.