Short Interest in FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Declines By 62.1%

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 4,228 shares, a decrease of 62.1% from the April 15th total of 11,168 shares. Based on an average daily volume of 131,348 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund

Several hedge funds have recently modified their holdings of the stock. Transcend Capital Advisors LLC increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.4% in the 4th quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock valued at $643,000 after acquiring an additional 662 shares in the last quarter. Winnow Wealth LLC bought a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter valued at $34,000. JPMorgan Chase & Co. increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock valued at $50,000 after acquiring an additional 1,181 shares in the last quarter. Mount Lucas Management LP increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.6% in the 3rd quarter. Mount Lucas Management LP now owns 46,606 shares of the company’s stock valued at $1,920,000 after acquiring an additional 2,042 shares in the last quarter. Finally, First United Bank & Trust increased its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.3% in the 1st quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock valued at $4,290,000 after acquiring an additional 2,408 shares in the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Stock Down 0.4%

Shares of FlexShares High Yield Value-Scored Bond Index Fund stock traded down $0.16 on Friday, hitting $39.96. 41,388 shares of the company’s stock traded hands, compared to its average volume of 145,496. The company has a fifty day moving average of $40.21 and a two-hundred day moving average of $40.60. FlexShares High Yield Value-Scored Bond Index Fund has a one year low of $39.55 and a one year high of $41.32.

About FlexShares High Yield Value-Scored Bond Index Fund

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.