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

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 5,393 shares, an increase of 236.9% from the March 31st total of 1,601 shares. Based on an average trading volume of 5,847 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are short sold.

FlexShares Disciplined Duration MBS Index Fund Stock Down 0.1%

MBSD stock traded down $0.02 during trading on Monday, reaching $20.76. 2,330 shares of the stock were exchanged, compared to its average volume of 8,866. The stock has a 50 day simple moving average of $20.78 and a 200-day simple moving average of $20.83. FlexShares Disciplined Duration MBS Index Fund has a twelve month low of $20.25 and a twelve month high of $21.10.

Hedge Funds Weigh In On FlexShares Disciplined Duration MBS Index Fund

Several institutional investors have recently bought and sold shares of MBSD. Jane Street Group LLC increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 306.8% in the 2nd quarter. Jane Street Group LLC now owns 93,333 shares of the company’s stock valued at $1,932,000 after buying an additional 70,389 shares in the last quarter. Bank of America Corp DE increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 31.5% in the 2nd quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock valued at $982,000 after buying an additional 11,357 shares in the last quarter. Cottonwood Capital Advisors LLC increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 0.8% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 352,031 shares of the company’s stock valued at $7,343,000 after buying an additional 2,915 shares in the last quarter. MGO One Seven LLC increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 23.3% in the 3rd quarter. MGO One Seven LLC now owns 287,484 shares of the company’s stock valued at $5,997,000 after buying an additional 54,378 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 15.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 33,012 shares of the company’s stock valued at $689,000 after buying an additional 4,412 shares in 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.