FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Stock Short Interest Falls 83.3%

FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 124 shares, a decline of 83.3% from the September 30th total of 744 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 82,333 shares, the short-interest ratio is currently 0.0 days.

FlexShares Core Select Bond Fund Trading Down 0.2%

FlexShares Core Select Bond Fund stock traded down $0.05 during midday trading on Wednesday, reaching $21.37. The company had a trading volume of 7,863 shares, compared to its average volume of 19,213. FlexShares Core Select Bond Fund has a 12-month low of $20.95 and a 12-month high of $22.73. The firm’s fifty day simple moving average is $21.41 and its 200-day simple moving average is $21.97.

Hedge Funds Weigh In On FlexShares Core Select Bond Fund

A number of hedge funds have recently made changes to their positions in BNDC. Park National Corp OH acquired a new stake in shares of FlexShares Core Select Bond Fund in the third quarter worth approximately $6,963,000. First Heartland Consultants Inc. purchased a new stake in shares of FlexShares Core Select Bond Fund during the third quarter worth approximately $828,000. Patriot Financial Group Insurance Agency LLC acquired a new position in FlexShares Core Select Bond Fund in the 1st quarter valued at $422,000. Citadel Advisors LLC acquired a new position in FlexShares Core Select Bond Fund in the 2nd quarter valued at $390,000. Finally, CoreCap Advisors LLC raised its stake in FlexShares Core Select Bond Fund by 19.1% in the 3rd quarter. CoreCap Advisors LLC now owns 71,610 shares of the company’s stock valued at $1,509,000 after purchasing an additional 11,487 shares during the last quarter.

FlexShares Core Select Bond Fund Company Profile

(Get Free Report)

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.

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