FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Short Interest Down 62.3% in March

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 6,146 shares, a decrease of 62.3% from the March 15th total of 16,302 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,979 shares, the short-interest ratio is presently 0.4 days.

FlexShares Global Quality Real Estate Index Fund Stock Performance

Shares of NYSEARCA GQRE traded up $0.64 during mid-day trading on Tuesday, reaching $63.57. The company’s stock had a trading volume of 6,957 shares, compared to its average volume of 13,871. The stock has a 50-day moving average of $62.42 and a two-hundred day moving average of $60.91. The stock has a market capitalization of $368.71 million, a P/E ratio of 21.15 and a beta of 0.94. FlexShares Global Quality Real Estate Index Fund has a 1-year low of $55.57 and a 1-year high of $65.47.

FlexShares Global Quality Real Estate Index Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 20th were issued a $0.0772 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.5%.

Institutional Investors Weigh In On FlexShares Global Quality Real Estate Index Fund

A number of hedge funds have recently modified their holdings of the company. ESL Trust Services LLC grew its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 2.8% in the fourth quarter. ESL Trust Services LLC now owns 609,395 shares of the company’s stock valued at $35,869,000 after purchasing an additional 16,404 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 4.7% in the third quarter. Dynamic Advisor Solutions LLC now owns 206,956 shares of the company’s stock valued at $12,616,000 after purchasing an additional 9,291 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 117,472 shares of the company’s stock valued at $7,161,000 after purchasing an additional 6,071 shares during the period. Boltwood Capital Management boosted its stake in FlexShares Global Quality Real Estate Index Fund by 2.9% during the fourth quarter. Boltwood Capital Management now owns 81,539 shares of the company’s stock worth $4,799,000 after buying an additional 2,277 shares during the period. Finally, PFG Advisors boosted its stake in FlexShares Global Quality Real Estate Index Fund by 1.0% during the third quarter. PFG Advisors now owns 45,281 shares of the company’s stock worth $2,760,000 after buying an additional 427 shares during the period.

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.