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

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSEARCA:FEIG) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 922 shares, a drop of 86.1% from the May 14th total of 6,622 shares. Based on an average daily trading volume, of 5,010 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

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

Shares of NYSEARCA FEIG opened at $40.86 on Friday. FlexShares ESG & Climate Investment Grade Corporate Core Index Fund has a 12 month low of $40.30 and a 12 month high of $42.13. The firm’s 50 day simple moving average is $40.84 and its 200-day simple moving average is $41.18.

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.