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Short Interest in FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Expands By 83.0%

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FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 26,900 shares, agrowthof83.0% from the July 15th total of 14,700 shares. Based on an average daily trading volume, of 46,300 shares, the short-interest ratio is presently 0.6 days. Currently,0.2% of the company's stock are sold short. Currently,0.2% of the company's stock are sold short. Based on an average daily trading volume, of 46,300 shares, the short-interest ratio is presently 0.6 days.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC boosted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 100.0% during the 1st 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. Harbour Trust & Investment Management Co boosted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.4% during the 2nd quarter. Harbour Trust & Investment Management Co now owns 307,919 shares of the company's stock valued at $15,020,000 after purchasing an additional 1,316 shares during the last quarter. Horizon Bancorp Inc. IN boosted its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 1.2% during the 1st quarter. Horizon Bancorp Inc. IN now owns 161,643 shares of the company's stock valued at $7,812,000 after purchasing an additional 1,915 shares during the last quarter. Advisors Preferred LLC acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 2nd quarter valued at about $163,000. Finally, McGinn Penninger Investment Management Inc. acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund during the 1st quarter valued at about $723,000.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance

FlexShares Credit-Scored US Corporate Bond Index Fund stock traded down $0.10 during midday trading on Thursday, reaching $48.78. The stock had a trading volume of 19,438 shares, compared to its average volume of 54,474. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12 month low of $47.01 and a 12 month high of $49.26. The company has a fifty day moving average price of $48.60 and a two-hundred day moving average price of $48.23.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, August 7th. Shareholders of record on Friday, August 1st were paid a dividend of $0.1983 per share. The ex-dividend date was Friday, August 1st.

About FlexShares Credit-Scored US Corporate Bond Index Fund

(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.

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