FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Significant Drop in Short Interest

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 10,050 shares, a decline of 80.0% from the May 14th total of 50,264 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 110,972 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund

Several large investors have recently added to or reduced their stakes in the business. Olde Wealth Management LLC grew its position in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% in the fourth quarter. Olde Wealth Management LLC now owns 174,362 shares of the company’s stock worth $7,102,000 after acquiring an additional 4,559 shares in the last quarter. Horizon Bancorp Inc. IN lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 3.7% in the first quarter. Horizon Bancorp Inc. IN now owns 129,425 shares of the company’s stock worth $5,185,000 after buying an additional 4,634 shares during the last quarter. First United Bank & Trust boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 2.3% during the 1st quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock valued at $4,290,000 after purchasing an additional 2,408 shares during the period. Park National Corp OH boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 2.7% during the 4th quarter. Park National Corp OH now owns 106,395 shares of the company’s stock valued at $4,334,000 after purchasing an additional 2,823 shares during the period. Finally, Rock Creek Group LP increased its position in FlexShares High Yield Value-Scored Bond Index Fund by 567.9% during the third quarter. Rock Creek Group LP now owns 51,960 shares of the company’s stock worth $2,141,000 after acquiring an additional 44,180 shares during the period.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

HYGV stock traded down $0.08 during trading hours on Wednesday, hitting $39.98. The company’s stock had a trading volume of 91,791 shares, compared to its average volume of 139,529. FlexShares High Yield Value-Scored Bond Index Fund has a 12 month low of $39.55 and a 12 month high of $41.32. The stock has a 50 day moving average price of $40.25 and a two-hundred day moving average price of $40.54.

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.