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

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

FlexShares Global Quality Real Estate Index Fund Stock Performance

NYSEARCA:GQRE traded up $1.03 during midday trading on Friday, reaching $66.47. 6,099 shares of the stock traded hands, compared to its average volume of 15,199. The stock 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 12-month low of $58.11 and a 12-month high of $67.49. The business has a 50-day moving average of $64.42 and a two-hundred day moving average of $63.11.

Institutional Trading of FlexShares Global Quality Real Estate Index Fund

Several hedge funds and other institutional investors have recently made changes to their positions in GQRE. Valeo Financial Advisors LLC purchased a new position in FlexShares Global Quality Real Estate Index Fund during the 2nd quarter worth $1,566,000. Dynamic Advisor Solutions LLC raised its stake in FlexShares Global Quality Real Estate Index Fund by 7.9% in the second quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock valued at $10,854,000 after buying an additional 12,383 shares during the last quarter. Boltwood Capital Management boosted its holdings in FlexShares Global Quality Real Estate Index Fund by 1.5% in the second quarter. Boltwood Capital Management now owns 84,852 shares of the company’s stock worth $5,430,000 after acquiring an additional 1,225 shares in the last quarter. Bank of America Corp DE boosted its holdings in FlexShares Global Quality Real Estate Index Fund by 4.5% in the first quarter. Bank of America Corp DE now owns 31,191 shares of the company’s stock worth $1,864,000 after acquiring an additional 1,347 shares in the last quarter. Finally, Wealthspire Retirement LLC grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 18.1% during the first quarter. Wealthspire Retirement LLC now owns 51,658 shares of the company’s stock worth $3,086,000 after acquiring an additional 7,923 shares during the last quarter.

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.