FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Sees Large Drop in Short Interest

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 719 shares, a decrease of 24.3% from the January 15th total of 950 shares. Based on an average trading volume of 15,179 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 15,179 shares, the days-to-cover ratio is currently 0.0 days.

FlexShares Global Quality Real Estate Index Fund Price Performance

Shares of GQRE stock traded up $0.43 during trading hours on Friday, reaching $64.33. 12,297 shares of the company were exchanged, compared to its average volume of 11,350. FlexShares Global Quality Real Estate Index Fund has a fifty-two week low of $51.25 and a fifty-two week high of $64.66. The stock’s fifty day moving average is $60.48 and its two-hundred day moving average is $60.35. The company has a market cap of $366.68 million, a price-to-earnings ratio of 21.15 and a beta of 0.96.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. CIBC Private Wealth Group LLC raised its position in shares of 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 acquiring an additional 409 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in FlexShares Global Quality Real Estate Index Fund in the fourth quarter worth about $223,000. Smartleaf Asset Management LLC bought a new stake in FlexShares Global Quality Real Estate Index Fund during the 3rd quarter worth about $478,000. Diversify Advisory Services LLC bought a new stake in FlexShares Global Quality Real Estate Index Fund during the 4th quarter worth about $569,000. Finally, Tcfg Wealth Management LLC acquired a new position in FlexShares Global Quality Real Estate Index Fund during the 3rd quarter valued at about $713,000.

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.