FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Up 410.5% in July

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 15,105 shares, a growth of 410.5% from the July 15th total of 2,959 shares. Based on an average daily volume of 15,789 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On FlexShares Disciplined Duration MBS Index Fund

Hedge funds have recently modified their holdings of the stock. Titleist Asset Management LLC boosted its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 166.3% in the 4th quarter. Titleist Asset Management LLC now owns 200,329 shares of the company’s stock worth $4,162,000 after purchasing an additional 125,099 shares during the period. Jane Street Group LLC increased its stake in 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 worth $1,932,000 after buying an additional 70,389 shares during the period. Cornerstone National Bank & Trust Co increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 4.9% during the fourth 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 period. MGO One Seven LLC raised its position in FlexShares Disciplined Duration MBS Index Fund by 7.6% during the 4th quarter. MGO One Seven LLC now owns 309,195 shares of the company’s stock valued at $6,424,000 after purchasing an additional 21,711 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC raised its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 5.0% in the first quarter. Cottonwood Capital Advisors LLC now owns 378,279 shares of the company’s stock valued at $7,832,000 after acquiring an additional 18,087 shares in the last quarter.

FlexShares Disciplined Duration MBS Index Fund Price Performance

Shares of FlexShares Disciplined Duration MBS Index Fund stock traded up $0.04 during trading hours on Wednesday, hitting $20.44. The company’s stock had a trading volume of 2,843 shares, compared to its average volume of 10,194. The business has a 50 day moving average price of $20.51 and a two-hundred day moving average price of $20.66. FlexShares Disciplined Duration MBS Index Fund has a 12-month low of $20.26 and a 12-month high of $21.10.

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.