FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 69,640 shares, a decrease of 38.1% from the September 30th total of 112,555 shares. Based on an average trading volume of 151,093 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short.
Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund
A number of institutional investors and hedge funds have recently bought and sold shares of HYGV. CoreCap Advisors LLC lifted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.6% in the second quarter. CoreCap Advisors LLC now owns 2,077 shares of the company’s stock worth $84,000 after buying an additional 650 shares in the last quarter. Steph & Co. bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter valued at approximately $137,000. Finally, Park National Corp OH bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter valued at approximately $3,098,000.
FlexShares High Yield Value-Scored Bond Index Fund Price Performance
Shares of NYSEARCA:HYGV traded down $0.31 on Monday, hitting $38.29. 125,276 shares of the company traded hands, compared to its average volume of 128,457. The stock has a 50 day simple moving average of $39.23 and a 200-day simple moving average of $40.05. FlexShares High Yield Value-Scored Bond Index Fund has a 52 week low of $38.27 and a 52 week high of $41.10.
FlexShares High Yield Value-Scored Bond Index Fund Company Profile
The FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a proprietary fundamental-weighted index of USD-denominated high-yield corporate bonds selected based on value, credit, and liquidity. HYGV was launched on Jul 17, 2018 and is managed by FlexShares.
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