Short Interest in FlexShares US Quality Large Cap Index Fund (BATS:QLC) Grows By 138.0%

FlexShares US Quality Large Cap Index Fund (BATS:QLC) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 49,521 shares, an increase of 138.0% from the May 31st total of 20,807 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 34,275 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On FlexShares US Quality Large Cap Index Fund

A number of institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. increased its position in shares of FlexShares US Quality Large Cap Index Fund by 130.3% during the second quarter. Osaic Holdings Inc. now owns 919 shares of the company’s stock worth $66,000 after buying an additional 520 shares during the period. GeoWealth Management LLC acquired a new position in FlexShares US Quality Large Cap Index Fund in the third quarter valued at $122,000. Wells Fargo & Company MN lifted its holdings in FlexShares US Quality Large Cap Index Fund by 161,600.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,617 shares of the company’s stock valued at $131,000 after buying an additional 1,616 shares during the period. International Assets Investment Management LLC bought a new stake in FlexShares US Quality Large Cap Index Fund during the fourth quarter valued at $138,000. Finally, Capital Advisors Ltd. LLC bought a new stake in shares of FlexShares US Quality Large Cap Index Fund during the 4th quarter valued at about $158,000.

FlexShares US Quality Large Cap Index Fund Price Performance

Shares of QLC stock opened at $89.41 on Tuesday. The stock has a market capitalization of $661.63 million, a PE ratio of 22.28 and a beta of 1.00. The business’s 50 day simple moving average is $88.01 and its 200 day simple moving average is $83.63. FlexShares US Quality Large Cap Index Fund has a one year low of $70.66 and a one year high of $90.88.

FlexShares US Quality Large Cap Index Fund Company Profile

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.