Short Interest in FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Grows By 129.2%

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 14,410 shares, a growth of 129.2% from the August 15th total of 6,287 shares. Based on an average daily volume of 8,041 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On FlexShares Global Quality Real Estate Index Fund

Several institutional investors have recently bought and sold shares of GQRE. Valeo Financial Advisors LLC bought a new position in shares of FlexShares Global Quality Real Estate Index Fund during the 2nd quarter valued at about $1,566,000. Dynamic Advisor Solutions LLC increased its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 7.9% in the second quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock worth $10,854,000 after purchasing an additional 12,383 shares during the last quarter. Boltwood Capital Management lifted its position in shares of FlexShares Global Quality Real Estate Index Fund by 1.5% in 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 in the last quarter. Bank of America Corp DE lifted its position in shares of FlexShares Global Quality Real Estate Index Fund by 4.5% in the first quarter. Bank of America Corp DE now owns 31,191 shares of the company’s stock worth $1,864,000 after buying an additional 1,347 shares in the last quarter. Finally, Wealthspire Retirement LLC boosted its stake in FlexShares Global Quality Real Estate Index Fund by 18.1% during the first quarter. Wealthspire Retirement LLC now owns 51,658 shares of the company’s stock valued at $3,086,000 after buying an additional 7,923 shares during the last quarter.

FlexShares Global Quality Real Estate Index Fund Price Performance

Shares of GQRE opened at $61.67 on Wednesday. FlexShares Global Quality Real Estate Index Fund has a 1 year low of $58.11 and a 1 year high of $67.49. The company has a 50 day simple moving average of $64.43 and a two-hundred day simple moving average of $63.69. The firm has a market cap of $400.86 million, a P/E ratio of 21.15 and a beta of 0.90.

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.