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

FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 5,385 shares, an increase of 145.4% from the September 30th total of 2,194 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 17,588 shares, the short-interest ratio is currently 0.3 days.

FlexShares Global Quality Real Estate Index Fund Price Performance

NYSEARCA GQRE traded down $0.12 during midday trading on Friday, hitting $60.82. 12,025 shares of the company traded hands, compared to its average volume of 22,788. The company has a market cap of $425.74 million, a PE ratio of 21.15 and a beta of 0.90. The company’s 50-day simple moving average is $61.06 and its 200-day simple moving average is $62.87. FlexShares Global Quality Real Estate Index Fund has a 52 week low of $58.11 and a 52 week high of $67.49.

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

Institutional investors have recently added to or reduced their stakes in the stock. Miller Howard Investments Inc. NY bought a new position in FlexShares Global Quality Real Estate Index Fund in the third quarter worth about $449,000. Diversify Wealth Management LLC bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the 1st quarter valued at about $589,000. NBT Bank N.A. bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the 3rd quarter valued at about $840,000. Corient Private Wealth LLC bought a new stake in shares of FlexShares Global Quality Real Estate Index Fund in the 4th quarter valued at about $1,064,000. Finally, Valeo Financial Advisors LLC purchased a new position in shares of FlexShares Global Quality Real Estate Index Fund in the 2nd quarter worth approximately $1,566,000.

FlexShares Global Quality Real Estate Index Fund Company Profile

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.