FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Update

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 35,283 shares, an increase of 240.3% from the December 15th total of 10,369 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 42,284 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 42,284 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.1%

Shares of NASDAQ:SKOR opened at $49.24 on Thursday. The company has a 50 day moving average of $49.16 and a 200-day moving average of $49.04. FlexShares Credit-Scored US Corporate Bond Index Fund has a twelve month low of $47.01 and a twelve month high of $49.51.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were given a $0.1978 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. This is a positive change from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.18. The ex-dividend date was Friday, December 19th.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Nations Financial Group Inc. IA ADV lifted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company’s stock valued at $878,000 after buying an additional 382 shares during the period. Harbour Trust & Investment Management Co raised its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.4% in the second quarter. Harbour Trust & Investment Management Co now owns 307,919 shares of the company’s stock worth $15,020,000 after acquiring an additional 1,316 shares in the last quarter. Advisors Preferred LLC acquired a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund in the 2nd quarter valued at about $163,000. Vantage Financial Partners LLC boosted its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% during the 3rd quarter. Vantage Financial Partners LLC now owns 62,971 shares of the company’s stock valued at $3,101,000 after purchasing an additional 9,562 shares in the last quarter. Finally, Horizon Bancorp Inc. IN grew its stake 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 worth $8,420,000 after purchasing an additional 11,670 shares during the last quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

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.