Short Interest in FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Decreases By 80.0%

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 10,050 shares, a decrease of 80.0% from the May 14th total of 50,264 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 110,972 shares, the days-to-cover ratio is currently 0.1 days.

FlexShares High Yield Value-Scored Bond Index Fund Stock Up 0.0%

Shares of NYSEARCA:HYGV traded up $0.02 during mid-day trading on Friday, hitting $40.21. The stock had a trading volume of 100,304 shares, compared to its average volume of 139,130. 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 company’s 50 day moving average is $40.26 and its 200-day moving average is $40.53.

Institutional Investors Weigh In On FlexShares High Yield Value-Scored Bond Index Fund

Several hedge funds have recently made changes to their positions in HYGV. Transcend Capital Advisors LLC lifted its position 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 buying an additional 662 shares in the last quarter. JPMorgan Chase & Co. lifted its position 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 worth $50,000 after buying an additional 1,181 shares in the last quarter. Mount Lucas Management LP lifted its position in FlexShares High Yield Value-Scored Bond Index Fund by 4.6% in the 3rd quarter. Mount Lucas Management LP now owns 46,606 shares of the company’s stock worth $1,920,000 after buying an additional 2,042 shares in the last quarter. First United Bank & Trust lifted its position in FlexShares High Yield Value-Scored Bond Index Fund by 2.3% in the 1st quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock worth $4,290,000 after buying an additional 2,408 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in FlexShares High Yield Value-Scored Bond Index Fund by 12.0% in the 2nd quarter. Baird Financial Group Inc. now owns 22,851 shares of the company’s stock worth $938,000 after buying an additional 2,457 shares in the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

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.