FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Up 197.4% in January

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 58,006 shares, an increase of 197.4% from the January 15th total of 19,506 shares. Based on an average trading volume of 51,063 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 51,063 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index Fund

Hedge funds have recently modified their holdings of the company. Nations Financial Group Inc. IA ADV boosted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company’s stock worth $878,000 after acquiring an additional 382 shares during the last quarter. Harbour Trust & Investment Management Co raised its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.9% in the third quarter. Harbour Trust & Investment Management Co now owns 310,554 shares of the company’s stock worth $15,295,000 after purchasing an additional 2,635 shares during the period. Advisors Preferred LLC bought a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the second quarter worth $163,000. Vantage Financial Partners LLC increased its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 13.4% in the 4th quarter. Vantage Financial Partners LLC now owns 71,399 shares of the company’s stock valued at $3,507,000 after buying an additional 8,428 shares in the last quarter. Finally, Horizon Bancorp Inc. IN increased its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 7.3% in the 3rd quarter. Horizon Bancorp Inc. IN now owns 170,967 shares of the company’s stock valued at $8,420,000 after buying an additional 11,670 shares in the last quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Up 0.2%

Shares of FlexShares Credit-Scored US Corporate Bond Index Fund stock opened at $49.29 on Friday. The firm has a fifty day moving average of $49.15 and a two-hundred day moving average of $49.13. FlexShares Credit-Scored US Corporate Bond Index Fund has a 52 week low of $47.01 and a 52 week high of $49.51.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were paid a $0.1944 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.