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

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,171 shares, a decline of 96.1% from the October 15th total of 29,768 shares. Based on an average daily volume of 11,944 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund Stock Performance

Shares of FEIG stock traded down $0.03 during trading hours on Wednesday, reaching $39.08. 3,609 shares of the company’s stock were exchanged, compared to its average volume of 4,522. The stock’s 50 day moving average is $39.15 and its 200-day moving average is $40.38. FlexShares ESG & Climate Investment Grade Corporate Core Index Fund has a fifty-two week low of $38.49 and a fifty-two week high of $41.90.

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.