FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Sees Significant Decline in Short Interest

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKORGet Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 7,180 shares, a decrease of 63.1% from the April 30th total of 19,463 shares. Based on an average trading volume of 54,902 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

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

A number of large investors have recently modified their holdings of the stock. Birchwood Financial Partners Inc. acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the fourth quarter valued at approximately $88,000. Fiduciary Alliance LLC acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter worth $442,000. Vantage Financial Partners LLC boosted its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% in the 3rd quarter. Vantage Financial Partners LLC now owns 62,971 shares of the company’s stock valued at $3,101,000 after buying an additional 9,562 shares during the last quarter. Finally, Horizon Bancorp Inc. IN increased its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 6.4% in the 1st quarter. Horizon Bancorp Inc. IN now owns 179,879 shares of the company’s stock valued at $8,746,000 after buying an additional 10,859 shares during the period.

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

Shares of FlexShares Credit-Scored US Corporate Bond Index Fund stock opened at $48.62 on Friday. The stock’s fifty day moving average is $48.56 and its 200-day moving average is $48.94. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12-month low of $47.99 and a 12-month high of $49.53.

FlexShares Credit-Scored US Corporate Bond Index Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were given a $0.1885 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, May 1st.

About FlexShares Credit-Scored US Corporate Bond Index Fund

(Get Free Report)

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.

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