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

FlexShares US Quality Large Cap Index Fund (BATS:QLC) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 25,350 shares, an increase of 331.9% from the April 15th total of 5,869 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 33,574 shares, the short-interest ratio is presently 0.8 days.

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

A number of large investors have recently made changes to their positions in the business. Private Trust Co. NA increased its holdings in shares of FlexShares US Quality Large Cap Index Fund by 8.4% in the 4th quarter. Private Trust Co. NA now owns 2,793 shares of the company’s stock valued at $226,000 after purchasing an additional 216 shares during the period. First Heartland Consultants Inc. increased its holdings in shares of FlexShares US Quality Large Cap Index Fund by 16.6% in the 3rd quarter. First Heartland Consultants Inc. now owns 3,305 shares of the company’s stock valued at $258,000 after purchasing an additional 470 shares during the period. Osaic Holdings Inc. grew its stake in shares of FlexShares US Quality Large Cap Index Fund by 130.3% in the 2nd quarter. Osaic Holdings Inc. now owns 919 shares of the company’s stock valued at $66,000 after buying an additional 520 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of FlexShares US Quality Large Cap Index Fund by 33.5% in the 1st quarter. International Assets Investment Management LLC now owns 2,270 shares of the company’s stock valued at $179,000 after buying an additional 570 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of FlexShares US Quality Large Cap Index Fund by 23.5% in the 4th quarter. Royal Bank of Canada now owns 4,778 shares of the company’s stock valued at $387,000 after buying an additional 908 shares in the last quarter.

FlexShares US Quality Large Cap Index Fund Price Performance

Shares of QLC opened at $88.83 on Friday. The company has a market capitalization of $657.34 million, a price-to-earnings ratio of 22.28 and a beta of 1.00. FlexShares US Quality Large Cap Index Fund has a fifty-two week low of $66.23 and a fifty-two week high of $89.04. The business’s 50-day moving average is $82.24 and its 200-day moving average is $81.54.

About FlexShares US Quality Large Cap Index Fund

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.