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

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,431 shares, an increase of 762.0% from the August 15th total of 166 shares. Based on an average daily volume of 2,355 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund Stock Down 0.7%

Shares of FlexShares ESG & Climate Investment Grade Corporate Core Index Fund stock opened at $39.41 on Friday. FlexShares ESG & Climate Investment Grade Corporate Core Index Fund has a twelve month low of $39.41 and a twelve month high of $42.13. The firm’s 50-day moving average price is $40.08 and its 200 day moving average price is $40.63.

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.