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

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 19,688 shares, an increase of 255.3% from the June 15th total of 5,542 shares. Based on an average trading volume of 93,229 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

FlexShares High Yield Value-Scored Bond Index Fund Price Performance

HYGV stock opened at $40.09 on Monday. FlexShares High Yield Value-Scored Bond Index Fund has a 12 month low of $39.55 and a 12 month high of $41.32. The firm has a 50-day moving average price of $40.18 and a 200-day moving average price of $40.44.

Hedge Funds Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake 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. CoreCap Advisors LLC boosted its holdings in shares of FlexShares High Yield Value-Scored Bond Index Fund by 45.6% during the 2nd quarter. CoreCap Advisors LLC now owns 2,077 shares of the company’s stock valued at $84,000 after acquiring an additional 650 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings 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 in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in FlexShares High Yield Value-Scored Bond Index Fund during the 3rd quarter worth $151,000. Finally, Transcend Capital Advisors LLC increased its holdings in FlexShares High Yield Value-Scored Bond Index Fund by 4.4% in the 4th quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock worth $643,000 after purchasing an additional 662 shares in 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.