FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Down 81.6% in August

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) was the target of a large drop in short interest in August. As of August 15th, there was short interest totaling 10,100 shares, adropof81.6% from the July 31st total of 55,000 shares. Based on an average daily volume of 104,500 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 104,500 shares, the days-to-cover ratio is presently 0.1 days.

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

A number of large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew 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 acquiring an additional 1,181 shares during the last quarter. Rock Creek Group LP acquired a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the 2nd quarter valued at about $319,000. RVW Wealth LLC grew its stake in FlexShares High Yield Value-Scored Bond Index Fund by 3.2% in the 2nd quarter. RVW Wealth LLC now owns 8,887 shares of the company’s stock valued at $365,000 after acquiring an additional 273 shares during the last quarter. Transcend Capital Advisors LLC acquired a new stake in FlexShares High Yield Value-Scored Bond Index Fund in the 1st quarter valued at about $541,000. Finally, Steph & Co. grew its stake in FlexShares High Yield Value-Scored Bond Index Fund by 30.1% in the 2nd quarter. Steph & Co. now owns 13,408 shares of the company’s stock valued at $550,000 after acquiring an additional 3,104 shares during the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Trading Down 0.8%

Shares of HYGV opened at $40.68 on Wednesday. The company has a 50-day simple moving average of $40.80 and a 200-day simple moving average of $40.41. FlexShares High Yield Value-Scored Bond Index Fund has a 52-week low of $38.01 and a 52-week high of $41.71.

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.