FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Up 49.0% in September

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 29,200 shares, an increase of 49.0% from the September 15th total of 19,600 shares. Based on an average daily trading volume, of 40,900 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 40,900 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

Institutional investors have recently bought and sold shares of the stock. Golden State Wealth Management LLC raised its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 642 shares of the company’s stock worth $31,000 after purchasing an additional 321 shares during the period. Advisors Preferred LLC bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 2nd quarter worth $163,000. McGinn Penninger Investment Management Inc. bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter worth $723,000. Vantage Financial Partners LLC bought a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter worth $2,667,000. Finally, Horizon Bancorp Inc. IN raised its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.2% in the 1st quarter. Horizon Bancorp Inc. IN now owns 161,643 shares of the company’s stock worth $7,812,000 after purchasing an additional 1,915 shares during the period.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance

SKOR stock opened at $49.47 on Friday. FlexShares Credit-Scored US Corporate Bond Index Fund has a 1 year low of $47.01 and a 1 year high of $49.49. The stock’s fifty day moving average price is $49.19 and its 200-day moving average price is $48.59.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st were issued a $0.1819 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.