FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Update

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,542 shares, a drop of 44.9% from the May 31st total of 10,050 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 101,702 shares, the days-to-cover ratio is currently 0.1 days.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

NYSEARCA:HYGV traded up $0.09 on Thursday, reaching $40.13. The stock had a trading volume of 36,864 shares, compared to its average volume of 133,918. 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 stock has a fifty day moving average price of $40.23 and a 200-day moving average price of $40.46.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% during the second quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock worth $50,000 after acquiring an additional 1,181 shares during the last quarter. Baird Financial Group Inc. grew its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 12.0% during the 2nd quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock worth $938,000 after acquiring an additional 2,457 shares during the period. BNP Paribas Financial Markets raised its position in shares of FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock valued at $116,000 after acquiring an additional 2,612 shares during the last quarter. Olde Wealth Management LLC bought a new position in shares of FlexShares High Yield Value-Scored Bond Index Fund in the 3rd quarter worth $6,922,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of FlexShares High Yield Value-Scored Bond Index Fund during the third quarter worth $151,000.

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.