Short Interest in FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) Decreases By 38.1%

FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 612 shares, a decrease of 38.1% from the April 15th total of 988 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 3,127 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On FlexShares Credit-Scored US Long Corporate Bond Index Fund

A hedge fund recently bought a new stake in FlexShares Credit-Scored US Long Corporate Bond Index Fund stock. JPMorgan Chase & Co. bought a new position in shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,206 shares of the company’s stock, valued at approximately $94,000. JPMorgan Chase & Co. owned 0.29% of FlexShares Credit-Scored US Long Corporate Bond Index Fund at the end of the most recent quarter.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Stock Performance

BATS:LKOR opened at $41.12 on Monday. The stock’s 50 day moving average price is $41.75 and its two-hundred day moving average price is $42.47. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a 12-month low of $40.15 and a 12-month high of $44.34.

About FlexShares Credit-Scored US Long Corporate Bond Index Fund

The FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) 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 with at least 10 years to maturity selected and weighted by fundamental factors. LKOR was launched on Sep 24, 2015 and is managed by FlexShares.