FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Update

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 5,200 shares, a decline of 26.8% from the December 15th total of 7,100 shares. Based on an average trading volume of 43,800 shares, the short-interest ratio is currently 0.1 days.

FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance

Shares of FlexShares Credit-Scored US Corporate Bond Index Fund stock traded up $0.28 on Wednesday, hitting $47.68. The stock had a trading volume of 100,597 shares, compared to its average volume of 51,666. FlexShares Credit-Scored US Corporate Bond Index Fund has a twelve month low of $46.67 and a twelve month high of $49.26. The business’s 50 day moving average is $47.95 and its two-hundred day moving average is $48.27.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 20th were paid a $0.1991 dividend. The ex-dividend date was Friday, December 20th. This represents a $2.39 annualized dividend and a dividend yield of 5.01%.

Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 3rd quarter worth $70,000. Flow Traders U.S. LLC bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 3rd quarter valued at $3,533,000. Horizon Bancorp Inc. IN increased its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 18.2% in the third quarter. Horizon Bancorp Inc. IN now owns 222,207 shares of the company’s stock worth $10,915,000 after purchasing an additional 34,148 shares during the period. Finally, Harbour Trust & Investment Management Co raised its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.8% in the third quarter. Harbour Trust & Investment Management Co now owns 307,378 shares of the company’s stock valued at $15,098,000 after purchasing an additional 5,583 shares in the last quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.