FlexShares US Quality Large Cap Index Fund (BATS:QLC) Short Interest Down 59.3% in May

FlexShares US Quality Large Cap Index Fund (BATS:QLC) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 20,807 shares, a decrease of 59.3% from the May 14th total of 51,162 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 36,369 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On FlexShares US Quality Large Cap Index Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. EJMK Ventures LLC bought a new position in FlexShares US Quality Large Cap Index Fund during the fourth quarter worth $895,000. Absolute Capital Management LLC bought a new position in FlexShares US Quality Large Cap Index Fund during the fourth quarter worth $210,000. Vise Technologies Inc. bought a new position in FlexShares US Quality Large Cap Index Fund during the fourth quarter worth $822,000. Calton & Associates Inc. bought a new position in FlexShares US Quality Large Cap Index Fund during the fourth quarter worth $311,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in FlexShares US Quality Large Cap Index Fund by 74.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 111,818 shares of the company’s stock worth $9,056,000 after purchasing an additional 47,648 shares during the last quarter.

FlexShares US Quality Large Cap Index Fund Stock Up 0.6%

BATS QLC opened at $89.07 on Friday. The stock has a market cap of $659.12 million, a PE ratio of 22.28 and a beta of 1.00. FlexShares US Quality Large Cap Index Fund has a fifty-two week low of $68.25 and a fifty-two week high of $90.88. The business has a 50 day moving average price of $86.31 and a two-hundred day moving average price of $82.95.

FlexShares US Quality Large Cap Index Fund Company Profile

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.