FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 7,900 shares, a decline of 86.4% from the May 31st total of 58,300 shares. Based on an average daily volume of 40,100 shares, the short-interest ratio is currently 0.2 days.
FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance
NASDAQ SKOR traded down $0.10 during mid-day trading on Friday, reaching $47.47. 28,617 shares of the stock were exchanged, compared to its average volume of 35,571. FlexShares Credit-Scored US Corporate Bond Index Fund has a one year low of $45.16 and a one year high of $48.18. The stock has a 50 day simple moving average of $47.35 and a 200-day simple moving average of $47.51.
FlexShares Credit-Scored US Corporate Bond Index Fund Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a $0.2002 dividend. This is an increase from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.20. This represents a $2.40 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend was Monday, June 3rd.
Institutional Trading of FlexShares Credit-Scored US Corporate Bond Index Fund
FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile
The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.
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