FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Stock Short Interest Declines 39.0%

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 1,391 shares, a decrease of 39.0% from the August 31st total of 2,279 shares. Based on an average daily volume of 8,199 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

FlexShares Core Select Bond Fund Stock Up 0.2%

BNDC traded up $0.04 during mid-day trading on Thursday, reaching $21.11. The stock had a trading volume of 7,564 shares, compared to its average volume of 15,245. The firm’s fifty day simple moving average is $21.62 and its two-hundred day simple moving average is $21.93. FlexShares Core Select Bond Fund has a 52 week low of $21.00 and a 52 week high of $22.73.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the business. ROI Financial Advisors LLC grew its position in shares of FlexShares Core Select Bond Fund by 4.0% in the 1st quarter. ROI Financial Advisors LLC now owns 27,100 shares of the company’s stock valued at $603,000 after purchasing an additional 1,041 shares during the period. Fifth Third Bancorp bought a new position in FlexShares Core Select Bond Fund in the first quarter valued at approximately $100,000. CoreCap Advisors LLC boosted its holdings in shares of FlexShares Core Select Bond Fund by 18.3% in the second quarter. CoreCap Advisors LLC now owns 60,123 shares of the company’s stock valued at $1,328,000 after buying an additional 9,281 shares during the period. Citadel Advisors LLC acquired a new position in shares of FlexShares Core Select Bond Fund in the second quarter valued at approximately $390,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in shares of FlexShares Core Select Bond Fund during the first quarter worth $422,000.

FlexShares Core Select Bond Fund Company Profile

The FlexShares Core Select Bond Fund (BNDC) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively-managed fund-of-funds that invests in various USD-denominated investment-grade fixed income ETFs to generate risk-adjusted returns. The fund does not have a duration or sector allocation target. BNDC was launched on Nov 18, 2016 and is managed by FlexShares.