Short Interest in FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Increases By 35.6%

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 8,000 shares, an increase of 35.6% from the March 15th total of 5,900 shares. Currently, 0.1% of the company's shares are short sold. Based on an average daily volume of 67,800 shares, the short-interest ratio is presently 0.1 days.

FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance

FlexShares Credit-Scored US Corporate Bond Index Fund stock traded up $0.22 during trading hours on Wednesday, reaching $47.96. The stock had a trading volume of 1,689 shares, compared to its average volume of 65,058. FlexShares Credit-Scored US Corporate Bond Index Fund has a 52 week low of $46.75 and a 52 week high of $49.26. The company has a fifty day simple moving average of $48.03 and a 200-day simple moving average of $48.04.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 7th. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.1988 per share. This is a positive change from FlexShares Credit-Scored US Corporate Bond Index Fund's previous dividend of $0.19. The ex-dividend date was Tuesday, April 1st.

Institutional Investors Weigh In On FlexShares Credit-Scored US Corporate Bond Index Fund

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 3rd quarter valued at about $70,000. Nations Financial Group Inc. IA ADV raised its holdings in 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 worth $1,148,000 after buying an additional 4,365 shares during the last quarter. Finally, Anderson Financial Strategies LLC purchased a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the fourth quarter worth about $8,934,000.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.