FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) Short Interest Down 43.7% in June

FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 848 shares, a decrease of 43.7% from the May 31st total of 1,507 shares. Based on an average daily volume of 5,937 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

FlexShares Credit-Scored US Long Corporate Bond Index Fund Trading Down 0.9%

Shares of LKOR stock opened at $41.94 on Wednesday. The stock has a 50 day simple moving average of $41.76 and a two-hundred day simple moving average of $42.17. FlexShares Credit-Scored US Long Corporate Bond Index Fund has a fifty-two week low of $40.78 and a fifty-two week high of $44.34.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in FlexShares Credit-Scored US Long Corporate Bond Index Fund stock. JPMorgan Chase & Co. purchased a new position in FlexShares Credit-Scored US Long Corporate Bond Index Fund (BATS:LKOR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 quarter.

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.