FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Up 255.3% in June

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 19,688 shares, an increase of 255.3% from the June 15th total of 5,542 shares. Based on an average daily volume of 93,229 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. First United Bank & Trust raised its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.8% in the 4th quarter. First United Bank & Trust now owns 104,670 shares of the company’s stock valued at $4,264,000 after acquiring an additional 4,769 shares in the last quarter. 49 Wealth Management LLC boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 20.7% in the 4th quarter. 49 Wealth Management LLC now owns 27,114 shares of the company’s stock valued at $1,104,000 after buying an additional 4,650 shares in the last quarter. Horizon Bancorp Inc. IN boosted its stake in 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. Olde Wealth Management LLC grew its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.7% in the 4th 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. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the third quarter worth about $151,000.

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

FlexShares High Yield Value-Scored Bond Index Fund stock traded up $0.08 on Tuesday, reaching $40.08. 95,062 shares of the stock were exchanged, compared to its average volume of 133,384. The firm has a fifty day moving average price of $40.17 and a two-hundred day moving average price of $40.43. FlexShares High Yield Value-Scored Bond Index Fund has a twelve month low of $39.55 and a twelve month high of $41.32.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

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.