FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) Sees Significant Decrease in Short Interest

FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) saw a large 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 volume of 1,705 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of FlexShares Credit-Scored US Long Corporate Bond Index Fund

An institutional investor recently bought a new position in FlexShares Credit-Scored US Long Corporate Bond Index Fund stock. JPMorgan Chase & Co. acquired a new position in shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 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 reporting period.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Stock Up 0.4%

Shares of BATS:LKOR opened at $40.39 on Tuesday. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a 52 week low of $40.12 and a 52 week high of $44.34. The business has a fifty day simple moving average of $41.47 and a 200-day simple moving average of $41.95.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Company Profile

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.