FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Sees Significant Decline in Short Interest

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 10,050 shares, a decrease of 80.0% from the May 14th total of 50,264 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 110,972 shares, the short-interest ratio is currently 0.1 days.

FlexShares High Yield Value-Scored Bond Index Fund Stock Performance

FlexShares High Yield Value-Scored Bond Index Fund stock traded up $0.02 during mid-day trading on Friday, hitting $40.21. The company had a trading volume of 100,304 shares, compared to its average volume of 139,130. FlexShares High Yield Value-Scored Bond Index Fund has a 1 year low of $39.55 and a 1 year high of $41.32. The business has a fifty day moving average of $40.26 and a 200 day moving average of $40.53.

Hedge Funds Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several large investors have recently bought and sold shares of HYGV. JPMorgan Chase & Co. boosted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% in the second 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. Baird Financial Group Inc. lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the second quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock valued at $938,000 after buying an additional 2,457 shares during the last quarter. Mount Lucas Management LP lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 4.6% in the third quarter. Mount Lucas Management LP now owns 46,606 shares of the company’s stock valued at $1,920,000 after buying an additional 2,042 shares during the last quarter. Rock Creek Group LP lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 567.9% in the third quarter. Rock Creek Group LP now owns 51,960 shares of the company’s stock valued at $2,141,000 after buying an additional 44,180 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% in the third quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock valued at $116,000 after buying an additional 2,612 shares during the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

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.