FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Update

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 29,200 shares, an increase of 49.0% from the September 15th total of 19,600 shares. Based on an average daily trading volume, of 40,900 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 40,900 shares, the days-to-cover ratio is currently 0.7 days.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.0%

SKOR opened at $49.44 on Thursday. FlexShares Credit-Scored US Corporate Bond Index Fund has a 52 week low of $47.01 and a 52 week high of $49.49. The business has a 50 day moving average price of $49.16 and a two-hundred day moving average price of $48.57.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.1819 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Wednesday, October 1st.

Hedge Funds Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of SKOR. Vantage Financial Partners LLC acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter valued at $2,667,000. McGinn Penninger Investment Management Inc. purchased a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the first quarter valued at about $723,000. Harbour Trust & Investment Management Co increased its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 4.0% during the first quarter. Harbour Trust & Investment Management Co now owns 306,603 shares of the company’s stock worth $14,818,000 after acquiring an additional 11,673 shares during the period. Advisors Preferred LLC purchased a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the second quarter worth about $163,000. Finally, Horizon Bancorp Inc. IN raised its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.2% during the first quarter. Horizon Bancorp Inc. IN now owns 161,643 shares of the company’s stock worth $7,812,000 after purchasing an additional 1,915 shares in the last quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.