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

FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKORGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 563 shares, a drop of 57.9% from the June 30th total of 1,338 shares. Based on an average daily trading volume, of 1,705 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Stock Performance

Shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund stock opened at $40.23 on Monday. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a one year low of $40.12 and a one year high of $44.34. The firm has a fifty day moving average of $41.49 and a two-hundred day moving average of $41.96.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FlexShares Credit-Scored US Long Corporate Bond Index Fund stock. JPMorgan Chase & Co. purchased a new position in shares of FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKORFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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 as of its most recent SEC filing.

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

(Get Free Report)

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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