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 growth in short interest in August. As of August 14th, there was short interest totaling 6,287 shares, a growth of 427.9% from the July 30th total of 1,191 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 9,499 shares, the short-interest ratio is currently 0.7 days.

FlexShares Global Quality Real Estate Index Fund Stock Down 1.1%

Shares of GQRE traded down $0.74 during midday trading on Friday, hitting $63.88. The company had a trading volume of 2,655 shares, compared to its average volume of 14,386. The company’s 50 day moving average price is $64.79 and its 200 day moving average price is $63.81. The stock has a market cap of $415.22 million, a price-to-earnings ratio of 21.15 and a beta of 0.90. FlexShares Global Quality Real Estate Index Fund has a 52 week low of $58.11 and a 52 week high of $67.49.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of GQRE. CIBC Private Wealth Group LLC grew its position in shares of FlexShares Global Quality Real Estate Index Fund by 28.6% in the 4th 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 in the last quarter. Goldman Sachs Group Inc. bought a new position in FlexShares Global Quality Real Estate Index Fund during the fourth quarter worth $223,000. MML Investors Services LLC lifted its stake in FlexShares Global Quality Real Estate Index Fund by 11.5% during the fourth quarter. MML Investors Services LLC now owns 9,626 shares of the company’s stock worth $567,000 after purchasing an additional 990 shares during the last quarter. Diversify Wealth Management LLC acquired a new position in FlexShares Global Quality Real Estate Index Fund in the first quarter worth $589,000. Finally, Tcfg Wealth Management LLC acquired a new position in FlexShares Global Quality Real Estate Index Fund in the third quarter worth $713,000.

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.