FlexShares US Quality Large Cap Index Fund (BATS:QLC) Short Interest Update

FlexShares US Quality Large Cap Index Fund (BATS:QLC) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 25,350 shares, an increase of 331.9% from the April 15th total of 5,869 shares. Based on an average daily volume of 33,574 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in QLC. Osaic Holdings Inc. grew its stake in FlexShares US Quality Large Cap Index Fund by 130.3% during the 2nd quarter. Osaic Holdings Inc. now owns 919 shares of the company’s stock worth $66,000 after buying an additional 520 shares during the last quarter. Rossmore Private Capital acquired a new position in shares of FlexShares US Quality Large Cap Index Fund in the 3rd quarter valued at about $117,000. GeoWealth Management LLC acquired a new position in shares of FlexShares US Quality Large Cap Index Fund in the 3rd quarter valued at about $122,000. Wells Fargo & Company MN raised its holdings in FlexShares US Quality Large Cap Index Fund by 161,600.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,617 shares of the company’s stock worth $131,000 after purchasing an additional 1,616 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in FlexShares US Quality Large Cap Index Fund in the 4th quarter worth about $138,000.

FlexShares US Quality Large Cap Index Fund Stock Performance

Shares of BATS QLC opened at $87.56 on Wednesday. The business’s 50 day moving average price is $81.97 and its 200-day moving average price is $81.40. FlexShares US Quality Large Cap Index Fund has a fifty-two week low of $66.23 and a fifty-two week high of $87.85. The company has a market cap of $647.94 million, a price-to-earnings ratio of 22.28 and a beta of 1.00.

About FlexShares US Quality Large Cap Index Fund

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.