FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Stock Short Interest Falls 39.9%

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 9,115 shares, a decline of 39.9% from the August 31st total of 15,154 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 401,179 shares, the days-to-cover ratio is currently 0.0 days.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.1%

Shares of FlexShares Credit-Scored US Corporate Bond Index Fund stock opened at $46.85 on Wednesday. The firm’s 50 day moving average is $47.71 and its 200 day moving average is $48.21. FlexShares Credit-Scored US Corporate Bond Index Fund has a 1 year low of $46.68 and a 1 year high of $49.53.

FlexShares Credit-Scored US Corporate Bond Index Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.1905 per share. This represents a $2.29 annualized dividend and a dividend yield of 4.9%. This is a drop from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.1908. The ex-dividend date was Tuesday, September 1st.

Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index Fund

A hedge fund recently bought a new stake in FlexShares Credit-Scored US Corporate Bond Index Fund stock. Fiduciary Alliance LLC acquired a new stake in shares of FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,059 shares of the company’s stock, valued at approximately $442,000. Fiduciary Alliance LLC owned approximately 0.06% of FlexShares Credit-Scored US Corporate Bond Index Fund at the end of the most recent quarter.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

(Get Free Report)

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.

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