FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 16,100 shares, a decrease of 29.4% from the April 30th total of 22,800 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 59,500 shares, the days-to-cover ratio is presently 0.3 days.
FlexShares Credit-Scored US Corporate Bond Index Fund Trading Down 0.1%
Shares of NASDAQ:SKOR traded down $0.03 on Thursday, hitting $48.23. The company's stock had a trading volume of 38,278 shares, compared to its average volume of 48,784. The stock's 50-day moving average is $47.98 and its two-hundred day moving average is $47.99. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12 month low of $47.01 and a 12 month high of $49.26.
FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, June 6th. Investors of record on Monday, June 2nd will be paid a dividend of $0.2139 per share. The ex-dividend date is Monday, June 2nd. This represents a $2.57 annualized dividend and a yield of 5.32%. This is a boost from FlexShares Credit-Scored US Corporate Bond Index Fund's previous monthly dividend of $0.20.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Golden State Wealth Management LLC lifted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 642 shares of the company's stock valued at $31,000 after purchasing an additional 321 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 3rd quarter worth about $70,000. McGinn Penninger Investment Management Inc. acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 1st quarter worth about $723,000. Nations Financial Group Inc. IA ADV increased its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 22.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 24,067 shares of the company's stock worth $1,148,000 after purchasing an additional 4,365 shares during the last quarter. Finally, Vantage Financial Partners LLC acquired a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter valued at about $2,667,000.
FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider FlexShares Credit-Scored US Corporate Bond Index Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FlexShares Credit-Scored US Corporate Bond Index Fund wasn't on the list.
While FlexShares Credit-Scored US Corporate Bond Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
