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

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 85,469 shares, an increase of 76.4% from the May 14th total of 48,445 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average trading volume of 22,335 shares, the short-interest ratio is presently 3.8 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Studio Investment Management LLC increased its position in FlexShares Global Quality Real Estate Index Fund by 1.6% during the 4th quarter. Studio Investment Management LLC now owns 19,932 shares of the company’s stock valued at $1,173,000 after buying an additional 320 shares in the last quarter. Fermata Advisors LLC increased its position in FlexShares Global Quality Real Estate Index Fund by 1.9% during the 4th 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 increased its position in FlexShares Global Quality Real Estate Index Fund by 28.6% during the 4th 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 increased its position 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 valued at $2,760,000 after buying an additional 427 shares in the last quarter. Finally, Wealthspire Retirement LLC increased its position in FlexShares Global Quality Real Estate Index Fund by 1.7% during the 4th quarter. Wealthspire Retirement LLC now owns 43,735 shares of the company’s stock valued at $2,574,000 after buying an additional 746 shares in the last quarter.

FlexShares Global Quality Real Estate Index Fund Trading Down 0.5%

Shares of GQRE traded down $0.35 during trading hours on Monday, hitting $64.77. The company had a trading volume of 3,322 shares, compared to its average volume of 16,426. The company has a market capitalization of $378.90 million, a PE ratio of 21.15 and a beta of 0.91. FlexShares Global Quality Real Estate Index Fund has a one year low of $58.11 and a one year high of $65.47. The company’s fifty day moving average price is $63.77 and its two-hundred day moving average price is $62.08.

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.