FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 112,555 shares, a growth of 135.7% from the September 15th total of 47,750 shares. Based on an average daily trading volume, of 191,758 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are sold short.
FlexShares High Yield Value-Scored Bond Index Fund Stock Performance
HYGV stock traded down $0.14 during trading on Wednesday, reaching $38.51. The stock had a trading volume of 107,312 shares, compared to its average volume of 126,533. The firm has a fifty day moving average price of $39.59 and a 200 day moving average price of $39.97. FlexShares High Yield Value-Scored Bond Index Fund has a 1-year low of $38.35 and a 1-year high of $41.17.
Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Horizon Bancorp Inc. IN boosted its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 3.7% in the first quarter. Horizon Bancorp Inc. IN now owns 129,425 shares of the company’s stock valued at $5,185,000 after purchasing an additional 4,634 shares during the last quarter. First United Bank & Trust grew its stake in FlexShares High Yield Value-Scored Bond Index Fund by 2.3% during the 1st quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock valued at $4,290,000 after purchasing an additional 2,408 shares in the last quarter. Park National Corp OH acquired a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter valued at approximately $3,098,000. Steph & Co. acquired a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter valued at approximately $137,000. Finally, CoreCap Advisors LLC increased its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 45.6% during the 2nd quarter. CoreCap Advisors LLC now owns 2,077 shares of the company’s stock worth $84,000 after purchasing an additional 650 shares during the last quarter.
FlexShares High Yield Value-Scored Bond Index Fund Company Profile
The FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a proprietary fundamental-weighted index of USD-denominated high-yield corporate bonds selected based on value, credit, and liquidity. HYGV was launched on Jul 17, 2018 and is managed by FlexShares.
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