FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) Stock Short Interest Rises 2,291.0%

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 29,768 shares, a growth of 2,291.0% from the September 30th total of 1,245 shares. Based on an average daily volume of 4,317 shares, the days-to-cover ratio is currently 6.9 days. Currently, 2.3% of the shares of the stock are short sold.

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

NYSEARCA:FEIG traded up $0.03 on Monday, reaching $39.22. The stock had a trading volume of 12,660 shares, compared to its average volume of 4,480. The firm’s fifty day moving average is $39.32 and its two-hundred day moving average is $40.50. FlexShares ESG & Climate Investment Grade Corporate Core Index Fund has a 12-month low of $38.49 and a 12-month high of $42.13.

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund Company Profile

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.