FlexShares US Quality Large Cap Index Fund (BATS:QLC) Sees Significant Drop in Short Interest

FlexShares US Quality Large Cap Index Fund (BATS:QLC) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 22,359 shares, a decline of 63.3% from the August 31st total of 60,937 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 20,207 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On FlexShares US Quality Large Cap Index Fund

Hedge funds have recently bought and sold shares of the company. Independent Financial Group LLC bought a new position in shares of FlexShares US Quality Large Cap Index Fund in the first quarter worth approximately $829,000. Advantage Trust Co purchased a new stake in shares of FlexShares US Quality Large Cap Index Fund during the first quarter valued at approximately $2,966,000. Uptick Partners LLC purchased a new stake in shares of FlexShares US Quality Large Cap Index Fund during the first quarter valued at approximately $578,000. International Assets Investment Management LLC increased its position in shares of FlexShares US Quality Large Cap Index Fund by 33.5% during the first quarter. International Assets Investment Management LLC now owns 2,270 shares of the company’s stock valued at $179,000 after acquiring an additional 570 shares in the last quarter. Finally, Baer Investment Advisory LLC bought a new stake in shares of FlexShares US Quality Large Cap Index Fund during the first quarter valued at approximately $979,000.

FlexShares US Quality Large Cap Index Fund Trading Down 0.8%

FlexShares US Quality Large Cap Index Fund stock opened at $91.28 on Tuesday. FlexShares US Quality Large Cap Index Fund has a 12 month low of $75.75 and a 12 month high of $94.07. The company has a market capitalization of $675.47 million, a price-to-earnings ratio of 22.28 and a beta of 1.00. The business’s fifty day simple moving average is $92.03 and its two-hundred day simple moving average is $88.10.

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.