FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Up 1,088.8% in May

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 50,264 shares, a growth of 1,088.8% from the April 30th total of 4,228 shares. Based on an average trading volume of 129,786 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

FlexShares High Yield Value-Scored Bond Index Fund Trading Up 0.2%

Shares of HYGV traded up $0.09 on Thursday, reaching $40.40. The company’s stock had a trading volume of 39,305 shares, compared to its average volume of 141,115. FlexShares High Yield Value-Scored Bond Index Fund has a twelve month low of $39.55 and a twelve month high of $41.32. The firm has a fifty day moving average of $40.21 and a 200-day moving average of $40.57.

Institutional Investors Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Winnow Wealth LLC purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter worth approximately $34,000. JPMorgan Chase & Co. increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock worth $50,000 after purchasing an additional 1,181 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock worth $116,000 after purchasing an additional 2,612 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter worth approximately $151,000. Finally, Transcend Capital Advisors LLC increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.4% during the 4th quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock worth $643,000 after purchasing an additional 662 shares during the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

The FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a proprietary fundamental-weighted index of USD-denominated high-yield corporate bonds selected based on value, credit, and liquidity. HYGV was launched on Jul 17, 2018 and is managed by FlexShares.