FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) Sees Large Drop in Short Interest

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 922 shares, a decrease of 86.1% from the May 14th total of 6,622 shares. Based on an average daily trading volume, of 5,010 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund Trading Up 0.7%

Shares of FEIG traded up $0.28 during trading hours on Thursday, hitting $40.86. 4,610 shares of the stock were exchanged, compared to its average volume of 3,906. FlexShares ESG & Climate Investment Grade Corporate Core Index Fund has a fifty-two week low of $40.30 and a fifty-two week high of $42.13. The business has a 50-day moving average of $40.84 and a 200-day moving average of $41.18.

About FlexShares ESG & Climate Investment Grade Corporate Core Index Fund

The FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment grade corporate bonds that are screened for ESG characteristics and reduced climate-related risk. FEIG was launched on Sep 20, 2021 and is managed by FlexShares.