FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Sees Large Decline in Short Interest

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 4,642 shares, a decrease of 16.7% from the January 15th total of 5,575 shares. Based on an average daily volume of 10,228 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 10,228 shares, the days-to-cover ratio is presently 0.5 days.

FlexShares Disciplined Duration MBS Index Fund Stock Up 0.2%

FlexShares Disciplined Duration MBS Index Fund stock traded up $0.04 during trading hours on Monday, reaching $20.95. 7,448 shares of the stock were exchanged, compared to its average volume of 10,198. FlexShares Disciplined Duration MBS Index Fund has a 52-week low of $20.21 and a 52-week high of $21.10. The firm’s 50 day moving average is $20.81 and its 200 day moving average is $20.82.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a $0.0642 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of FlexShares Disciplined Duration MBS Index Fund

Several large investors have recently modified their holdings of the business. Bank of America Corp DE boosted its stake in FlexShares Disciplined Duration MBS Index Fund by 4.0% in the 3rd quarter. Bank of America Corp DE now owns 49,332 shares of the company’s stock worth $1,029,000 after buying an additional 1,879 shares during the last quarter. Raymond James Financial Inc. raised its position in FlexShares Disciplined Duration MBS Index Fund by 22.4% in the 3rd quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock valued at $828,000 after purchasing an additional 7,256 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 306.8% during the second quarter. Jane Street Group LLC now owns 93,333 shares of the company’s stock worth $1,932,000 after buying an additional 70,389 shares in the last quarter. MGO One Seven LLC lifted its stake in FlexShares Disciplined Duration MBS Index Fund by 7.6% in the 4th quarter. MGO One Seven LLC now owns 309,195 shares of the company’s stock valued at $6,424,000 after acquiring an additional 21,711 shares in the last quarter. Finally, Cornerstone National Bank & Trust Co boosted its position in FlexShares Disciplined Duration MBS Index Fund by 4.9% during the 4th quarter. Cornerstone National Bank & Trust Co now owns 674,362 shares of the company’s stock worth $14,010,000 after acquiring an additional 31,564 shares during the last quarter.

About FlexShares Disciplined Duration MBS Index Fund

The FlexShares Disciplined Duration MBS Index Fund (MBSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of agency-backed mortgage-backed securities that aims for 3.25-4.25 years of effective duration. The index uses a proprietary weighting scheme. MBSD was launched on Sep 4, 2014 and is managed by FlexShares.