FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) Sees Large Decline in Short Interest

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a significant decrease in short interest in April. As of April 15th, there was short interest totaling 5,278 shares, a decrease of 14.1% from the March 31st total of 6,146 shares. Based on an average trading volume of 13,249 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

FlexShares Global Quality Real Estate Index Fund Stock Performance

NYSEARCA GQRE traded down $0.09 during trading hours on Friday, hitting $64.51. The company had a trading volume of 3,992 shares, compared to its average volume of 16,010. FlexShares Global Quality Real Estate Index Fund has a 1-year low of $57.47 and a 1-year high of $65.47. The company has a market cap of $377.38 million, a PE ratio of 21.15 and a beta of 0.94. The business has a 50 day moving average of $62.54 and a 200-day moving average of $61.20.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. MML Investors Services LLC raised its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 11.5% in the fourth quarter. MML Investors Services LLC now owns 9,626 shares of the company’s stock valued at $567,000 after buying an additional 990 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 28.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,837 shares of the company’s stock valued at $108,000 after buying an additional 409 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the fourth quarter valued at about $223,000. ESL Trust Services LLC raised 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 buying an additional 16,404 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 29.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 32,005 shares of the company’s stock valued at $1,884,000 after buying an additional 7,278 shares during 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.