FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) Short Interest Update

by · The Markets Daily

FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,542 shares, a drop of 44.9% from the May 31st total of 10,050 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 101,702 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of FlexShares High Yield Value-Scored Bond Index Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Transcend Capital Advisors LLC grew its position in FlexShares High Yield Value-Scored Bond Index Fund by 4.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 15,796 shares of the company’s stock worth $643,000 after buying an additional 662 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 4,374.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,208 shares of the company’s stock worth $50,000 after acquiring an additional 1,181 shares in the last quarter. First United Bank & Trust boosted its stake in shares of FlexShares High Yield Value-Scored Bond Index Fund by 2.3% during the 1st quarter. First United Bank & Trust now owns 107,078 shares of the company’s stock worth $4,290,000 after acquiring an additional 2,408 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of 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 acquiring an additional 2,457 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in FlexShares High Yield Value-Scored Bond Index Fund by 1,293.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,814 shares of the company’s stock valued at $116,000 after purchasing an additional 2,612 shares in the last quarter.

FlexShares High Yield Value-Scored Bond Index Fund Trading Down 0.5%

HYGV stock traded down $0.22 on Wednesday, reaching $40.04. 123,748 shares of the company’s stock were exchanged, compared to its average volume of 134,701. The stock has a fifty day moving average of $40.23 and a 200-day moving average of $40.47. FlexShares High Yield Value-Scored Bond Index Fund has a twelve month low of $39.55 and a twelve month high of $41.32.

FlexShares High Yield Value-Scored Bond Index Fund Company Profile

(Get Free Report)

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.

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