FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) Short Interest Up 82.9% in May

FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,507 shares, an increase of 82.9% from the May 14th total of 824 shares. Based on an average daily trading volume, of 2,837 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On FlexShares Credit-Scored US Long Corporate Bond Index Fund

An institutional investor recently bought a new position in FlexShares Credit-Scored US Long Corporate Bond Index Fund stock. JPMorgan Chase & Co. purchased a new stake in shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,206 shares of the company’s stock, valued at approximately $94,000. JPMorgan Chase & Co. owned 0.29% of FlexShares Credit-Scored US Long Corporate Bond Index Fund at the end of the most recent reporting period.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Price Performance

LKOR stock remained flat at $41.90 on Monday. The company had a trading volume of 3,748 shares, compared to its average volume of 5,228. The company has a 50-day moving average price of $41.74 and a two-hundred day moving average price of $42.26. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a 12 month low of $40.78 and a 12 month high of $44.34.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment grade corporate bonds with at least 10 years to maturity selected and weighted by fundamental factors. LKOR was launched on Sep 24, 2015 and is managed by FlexShares.