FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR – Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 612 shares, a decline of 38.1% from the April 15th total of 988 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 3,127 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Inflows and Outflows
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 – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 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
LKOR opened at $41.12 on Friday. 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. The business has a fifty day moving average price of $41.75 and a 200 day moving average price of $42.48.
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.
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