FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 4,200 shares, an increase of 61.5% from the February 13th total of 2,600 shares. Based on an average trading volume of 61,100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
FlexShares Credit-Scored US Corporate Bond Index Fund Trading Up 0.3 %
Shares of NASDAQ:SKOR traded up $0.16 during trading on Wednesday, reaching $48.26. 47,043 shares of the stock were exchanged, compared to its average volume of 45,659. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12 month low of $46.67 and a 12 month high of $49.26. The stock has a 50-day moving average price of $47.96 and a 200-day moving average price of $48.22.
FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 7th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1864 per share. The ex-dividend date of this dividend was Monday, March 3rd.
Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund
A number of institutional investors have recently made changes to their positions in SKOR. JPMorgan Chase & Co. bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the third quarter valued at approximately $70,000. Nations Financial Group Inc. IA ADV boosted its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 22.2% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 24,067 shares of the company's stock valued at $1,148,000 after buying an additional 4,365 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the third quarter valued at approximately $3,533,000. Finally, Anderson Financial Strategies LLC bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund in the fourth quarter valued at approximately $8,934,000.
About FlexShares Credit-Scored US Corporate Bond Index Fund
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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.
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