FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Down 62.1% in April

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,228 shares, a decline of 62.1% from the April 15th total of 11,168 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 131,348 shares, the days-to-cover ratio is presently 0.0 days.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

FlexShares High Yield Value-Scored Bond Index Fund stock traded down $0.04 during mid-day trading on Thursday, reaching $40.13. 56,339 shares of the company’s stock were exchanged, compared to its average volume of 146,520. The company has a fifty day moving average of $40.23 and a 200-day moving average of $40.62. FlexShares High Yield Value-Scored Bond Index Fund has a twelve month low of $39.55 and a twelve month high of $41.32.

Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HYGV. Horizon Bancorp Inc. IN boosted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 3.7% in the 1st quarter. Horizon Bancorp Inc. IN now owns 129,425 shares of the company’s stock valued at $5,185,000 after buying an additional 4,634 shares in the last quarter. First United Bank & Trust boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 2.3% in the first quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock valued at $4,290,000 after acquiring an additional 2,408 shares in the last quarter. Olde Wealth Management LLC grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.7% during the fourth quarter. Olde Wealth Management LLC now owns 174,362 shares of the company’s stock worth $7,102,000 after purchasing an additional 4,559 shares during the last quarter. 49 Wealth Management LLC increased its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 20.7% during the fourth quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock worth $1,104,000 after purchasing an additional 4,650 shares in the last quarter. Finally, Transcend Capital Advisors LLC increased its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock worth $643,000 after purchasing an additional 662 shares in the last quarter.

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.