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

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

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

Large investors have recently modified their holdings of the business. Valeo Financial Advisors LLC bought a new position in shares of FlexShares Global Quality Real Estate Index Fund in the second quarter worth about $1,566,000. Dynamic Advisor Solutions LLC grew its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 7.9% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock valued at $10,854,000 after purchasing an additional 12,383 shares during the last quarter. Boltwood Capital Management increased its position in FlexShares Global Quality Real Estate Index Fund by 1.5% during the 2nd quarter. Boltwood Capital Management now owns 84,852 shares of the company’s stock worth $5,430,000 after purchasing an additional 1,225 shares in the last quarter. Bank of America Corp DE increased its position in FlexShares Global Quality Real Estate Index Fund by 4.5% during the 1st quarter. Bank of America Corp DE now owns 31,191 shares of the company’s stock worth $1,864,000 after purchasing an additional 1,347 shares in the last quarter. Finally, Wealthspire Retirement LLC lifted its stake in FlexShares Global Quality Real Estate Index Fund by 18.1% in the 1st quarter. Wealthspire Retirement LLC now owns 51,658 shares of the company’s stock valued at $3,086,000 after purchasing an additional 7,923 shares during the last quarter.

FlexShares Global Quality Real Estate Index Fund Price Performance

Shares of NYSEARCA GQRE opened at $62.15 on Monday. The stock’s fifty day moving average price is $64.55 and its two-hundred day moving average price is $63.72. FlexShares Global Quality Real Estate Index Fund has a one year low of $58.11 and a one year high of $67.49. The firm has a market cap of $403.98 million, a price-to-earnings 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.