FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 848 shares, a drop of 43.7% from the May 31st total of 1,507 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 5,937 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in FlexShares Credit-Scored US Long Corporate Bond Index Fund stock. JPMorgan Chase & Co. acquired a new position in shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,206 shares of the company’s stock, valued at approximately $94,000. JPMorgan Chase & Co. owned 0.29% of FlexShares Credit-Scored US Long Corporate Bond Index Fund as of its most recent SEC filing.
FlexShares Credit-Scored US Long Corporate Bond Index Fund Price Performance
Shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock opened at $41.94 on Wednesday. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a twelve month low of $40.78 and a twelve month high of $44.34. The company’s fifty day moving average is $41.76 and its 200 day moving average is $42.17.
About FlexShares Credit-Scored US Long Corporate Bond Index Fund
The FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment grade corporate bonds with at least 10 years to maturity selected and weighted by fundamental factors. LKOR was launched on Sep 24, 2015 and is managed by FlexShares.
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