FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Down 44.9% in June

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 5,542 shares, a decrease of 44.9% from the May 31st total of 10,050 shares. Based on an average daily trading volume, of 101,702 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

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

Several institutional investors and hedge funds have recently made changes to their positions in HYGV. Olde Wealth Management LLC acquired a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund in the third quarter valued at approximately $6,922,000. First United Bank & Trust grew its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.8% in the fourth quarter. First United Bank & Trust now owns 104,670 shares of the company’s stock valued at $4,264,000 after purchasing an additional 4,769 shares during the period. 49 Wealth Management LLC increased its stake in FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the fourth quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock valued at $1,104,000 after purchasing an additional 4,650 shares during the last quarter. Horizon Bancorp Inc. IN increased its stake in 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 valued at $5,185,000 after purchasing an additional 4,634 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in FlexShares High Yield Value-Scored Bond Index Fund during the third quarter worth about $151,000.

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

Shares of NYSEARCA:HYGV opened at $40.13 on Friday. The business’s fifty day moving average price is $40.23 and its two-hundred day moving average price is $40.46. FlexShares High Yield Value-Scored Bond Index Fund has a one year low of $39.55 and a one year high of $41.32.

About FlexShares High Yield Value-Scored Bond Index Fund

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.