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
(
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.
Recommended 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
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
