FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Update

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 50,264 shares, a growth of 1,088.8% from the April 30th total of 4,228 shares. Based on an average daily trading volume, of 129,786 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

A number of institutional investors have recently made changes to their positions in HYGV. JPMorgan Chase & Co. lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock valued at $50,000 after purchasing an additional 1,181 shares during the period. Baird Financial Group Inc. lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the 2nd quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock valued at $938,000 after purchasing an additional 2,457 shares during the period. Winnow Wealth LLC acquired a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter valued at about $34,000. Mount Lucas Management LP lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.6% in the 3rd quarter. Mount Lucas Management LP now owns 46,606 shares of the company’s stock valued at $1,920,000 after purchasing an additional 2,042 shares during the period. Finally, Rock Creek Group LP lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 567.9% in the 3rd quarter. Rock Creek Group LP now owns 51,960 shares of the company’s stock valued at $2,141,000 after purchasing an additional 44,180 shares during the period.

FlexShares High Yield Value-Scored Bond Index Fund Trading Up 0.2%

Shares of NYSEARCA HYGV traded up $0.07 during trading on Friday, reaching $40.44. The company had a trading volume of 238,512 shares, compared to its average volume of 142,444. The company’s fifty day moving average price is $40.22 and its 200-day moving average price is $40.56. FlexShares High Yield Value-Scored Bond Index Fund has a 12 month low of $39.55 and a 12 month high of $41.32.

About FlexShares High Yield Value-Scored Bond Index Fund

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.