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.
See Also
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.