FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Up 1,088.8% in May

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 50,264 shares, an increase of 1,088.8% from the April 30th total of 4,228 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 129,786 shares, the short-interest ratio is presently 0.4 days.

FlexShares High Yield Value-Scored Bond Index Fund Stock Down 0.1%

HYGV stock traded down $0.03 on Wednesday, hitting $40.31. The company’s stock had a trading volume of 84,100 shares, compared to its average volume of 142,154. The firm has a 50 day moving average of $40.21 and a two-hundred day moving average of $40.57. FlexShares High Yield Value-Scored Bond Index Fund has a 1 year low of $39.55 and a 1 year high of $41.32.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Winnow Wealth LLC purchased a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter valued at $34,000. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 1,181 shares during the last quarter. BNP Paribas Financial Markets raised its position in FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock valued at $116,000 after purchasing an additional 2,612 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter valued at $151,000. Finally, Transcend Capital Advisors LLC raised its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock worth $643,000 after purchasing an additional 662 shares during the last quarter.

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.