FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Short Interest Down 32.1% in December

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 10,369 shares, a decrease of 32.1% from the November 30th total of 15,277 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 38,296 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 38,296 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

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

Several institutional investors have recently added to or reduced their stakes in SKOR. Harbour Trust & Investment Management Co grew its stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 0.9% in the 3rd quarter. Harbour Trust & Investment Management Co now owns 310,554 shares of the company’s stock valued at $15,295,000 after purchasing an additional 2,635 shares during the last quarter. Horizon Bancorp Inc. IN lifted its holdings in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 7.3% during the third quarter. Horizon Bancorp Inc. IN now owns 170,967 shares of the company’s stock worth $8,420,000 after purchasing an additional 11,670 shares during the period. Vantage Financial Partners LLC grew its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% in the 3rd quarter. Vantage Financial Partners LLC now owns 62,971 shares of the company’s stock valued at $3,101,000 after buying an additional 9,562 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company’s stock valued at $878,000 after buying an additional 382 shares during the last quarter. Finally, Advisors Preferred LLC acquired a new position in FlexShares Credit-Scored US Corporate Bond Index Fund in the 2nd quarter valued at $163,000.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Down 0.1%

Shares of FlexShares Credit-Scored US Corporate Bond Index Fund stock traded down $0.07 during trading hours on Wednesday, hitting $49.13. The company had a trading volume of 41,415 shares, compared to its average volume of 50,615. The company’s 50-day moving average is $49.18 and its two-hundred day moving average is $48.99. FlexShares Credit-Scored US Corporate Bond Index Fund has a twelve month low of $47.01 and a twelve month high of $49.51.

FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 19th were issued a $0.1978 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

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.