FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Stock Short Interest Drops 55.9%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 6,350 shares, a decrease of 55.9% from the August 31st total of 14,410 shares. Based on an average trading volume of 82,921 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

FlexShares Global Quality Real Estate Index Fund Stock Performance

FlexShares Global Quality Real Estate Index Fund stock traded down $0.21 during trading on Tuesday, reaching $59.83. The company had a trading volume of 31,488 shares, compared to its average volume of 19,049. The firm has a market capitalization of $439.75 million, a PE ratio of 21.15 and a beta of 0.90. The firm’s 50-day simple moving average is $63.65 and its 200 day simple moving average is $63.48. FlexShares Global Quality Real Estate Index Fund has a 1-year low of $58.11 and a 1-year high of $67.49.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GQRE. ESL Trust Services LLC raised its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 2.8% in the 4th quarter. ESL Trust Services LLC now owns 609,395 shares of the company’s stock valued at $35,869,000 after buying an additional 16,404 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of FlexShares Global Quality Real Estate Index Fund by 7.9% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock worth $10,854,000 after acquiring an additional 12,383 shares during the period. Boltwood Capital Management grew its position in FlexShares Global Quality Real Estate Index Fund by 1.5% during the second quarter. Boltwood Capital Management now owns 84,852 shares of the company’s stock worth $5,430,000 after buying an additional 1,225 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 103.7% in the second quarter. Envestnet Asset Management Inc. now owns 67,928 shares of the company’s stock worth $4,347,000 after acquiring an additional 34,578 shares during the last quarter. Finally, Wealthspire Retirement LLC grew its position in shares of FlexShares Global Quality Real Estate Index Fund by 18.1% in the first quarter. Wealthspire Retirement LLC now owns 51,658 shares of the company’s stock valued at $3,086,000 after purchasing an additional 7,923 shares during the period.

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.