FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Down 76.1% in February

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 2,600 shares, a decrease of 76.1% from the January 31st total of 10,900 shares. Based on an average daily volume of 55,900 shares, the days-to-cover ratio is currently 0.0 days.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.3 %

SKOR traded up $0.14 on Friday, reaching $48.46. 38,140 shares of the company’s stock were exchanged, compared to its average volume of 62,650. The company’s 50 day moving average is $47.84 and its 200-day moving average is $48.27. FlexShares Credit-Scored US Corporate Bond Index Fund has a twelve month low of $46.67 and a twelve month high of $49.26.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were issued a $0.2012 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous dividend of $0.19.

Hedge Funds Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of SKOR. Flow Traders U.S. LLC purchased a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 3rd quarter valued at approximately $3,533,000. JPMorgan Chase & Co. acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 3rd quarter valued at approximately $70,000. Nations Financial Group Inc. IA ADV increased its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 22.2% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 24,067 shares of the company’s stock worth $1,148,000 after buying an additional 4,365 shares during the period. Finally, Anderson Financial Strategies LLC acquired a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund in the fourth quarter worth $8,934,000.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.