FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Short Interest Down 56.5% in January

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 950 shares, a drop of 56.5% from the December 31st total of 2,182 shares. Based on an average daily volume of 11,385 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 11,385 shares, the days-to-cover ratio is currently 0.1 days.

FlexShares Global Quality Real Estate Index Fund Stock Performance

Shares of NYSEARCA GQRE traded down $0.19 during midday trading on Friday, hitting $61.25. The company’s stock had a trading volume of 8,890 shares, compared to its average volume of 13,240. FlexShares Global Quality Real Estate Index Fund has a 1-year low of $51.25 and a 1-year high of $62.02. The firm’s fifty day moving average price is $60.02 and its 200-day moving average price is $60.18. The firm has a market cap of $355.25 million, a P/E ratio of 21.15 and a beta of 0.96.

Institutional Trading of FlexShares Global Quality Real Estate Index Fund

Large investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC acquired a new stake in FlexShares Global Quality Real Estate Index Fund in the third quarter worth about $478,000. Diversify Advisory Services LLC bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the 4th quarter worth about $569,000. Tcfg Wealth Management LLC acquired a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the 3rd quarter worth approximately $713,000. Park National Corp OH boosted its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 51.4% in the third quarter. Park National Corp OH now owns 12,060 shares of the company’s stock valued at $735,000 after acquiring an additional 4,095 shares in the last quarter. Finally, Fermata Advisors LLC boosted its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 1.9% in the fourth quarter. Fermata Advisors LLC now owns 20,930 shares of the company’s stock valued at $1,232,000 after acquiring an additional 382 shares in 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.