FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) Sees Significant Increase in Short Interest

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,431 shares, a growth of 762.0% from the August 15th total of 166 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 2,355 shares, the days-to-cover ratio is currently 0.6 days.

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund Stock Down 0.7%

NYSEARCA:FEIG opened at $39.41 on Friday. The company has a 50 day moving average price of $40.08 and a 200-day moving average price of $40.63. FlexShares ESG & Climate Investment Grade Corporate Core Index Fund has a 1-year low of $39.41 and a 1-year high of $42.13.

About FlexShares ESG & Climate Investment Grade Corporate Core Index Fund

The FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) 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 that are screened for ESG characteristics and reduced climate-related risk. FEIG was launched on Sep 20, 2021 and is managed by FlexShares.