FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) Short Interest Update

FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 563 shares, a decrease of 57.9% from the June 30th total of 1,338 shares. Based on an average daily trading volume, of 1,705 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On FlexShares Credit-Scored US Long Corporate Bond Index Fund

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

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

Shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock opened at $40.23 on Monday. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a 12-month low of $40.12 and a 12-month high of $44.34. The company has a 50-day moving average of $41.49 and a two-hundred day moving average of $41.96.

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.