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

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 42,100 shares, a growth of 58.3% from the September 30th total of 26,600 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SKOR. Gleason Group Inc. acquired a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund during the 2nd quarter worth approximately $66,000. Harbour Trust & Investment Management Co raised its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.1% in the 2nd quarter. Harbour Trust & Investment Management Co now owns 301,795 shares of the company's stock worth $14,326,000 after purchasing an additional 3,345 shares in the last quarter. Finally, Horizon Bancorp Inc. IN boosted its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 18.2% in the 3rd quarter. Horizon Bancorp Inc. IN now owns 222,207 shares of the company's stock valued at $10,915,000 after purchasing an additional 34,148 shares during the period.

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

Shares of SKOR stock traded down $0.05 on Friday, reaching $48.33. The stock had a trading volume of 30,594 shares, compared to its average volume of 37,810. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12 month low of $45.33 and a 12 month high of $49.26. The firm's 50-day moving average is $48.81 and its two-hundred day moving average is $47.98.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 9th. Stockholders of record on Tuesday, September 3rd were given a $0.1992 dividend. This is a boost from FlexShares Credit-Scored US Corporate Bond Index Fund's previous dividend of $0.20. The ex-dividend date was Tuesday, September 3rd.

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.