FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Down 30.0% in October

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 3,500 shares, a decrease of 30.0% from the September 30th total of 5,000 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 9,800 shares, the short-interest ratio is currently 0.4 days.

FlexShares Disciplined Duration MBS Index Fund Price Performance

Shares of FlexShares Disciplined Duration MBS Index Fund stock traded down $0.07 during trading on Monday, reaching $20.86. The company’s stock had a trading volume of 6,217 shares, compared to its average volume of 13,829. FlexShares Disciplined Duration MBS Index Fund has a 52-week low of $19.99 and a 52-week high of $21.10. The firm’s 50-day moving average is $20.88 and its two-hundred day moving average is $20.64.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 8th. Stockholders of record on Tuesday, September 2nd were paid a $0.0659 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Investors Weigh In On FlexShares Disciplined Duration MBS Index Fund

Institutional investors have recently made changes to their positions in the business. Ancora Advisors LLC purchased a new stake in shares of FlexShares Disciplined Duration MBS Index Fund in the 1st quarter valued at $25,000. Atria Investments Inc raised its holdings in FlexShares Disciplined Duration MBS Index Fund by 11.7% during the 2nd quarter. Atria Investments Inc now owns 29,810 shares of the company’s stock valued at $617,000 after buying an additional 3,126 shares during the last quarter. Simplicity Wealth LLC raised its holdings in FlexShares Disciplined Duration MBS Index Fund by 103.0% during the 2nd quarter. Simplicity Wealth LLC now owns 36,008 shares of the company’s stock valued at $745,000 after buying an additional 18,274 shares during the last quarter. Bank of America Corp DE raised its holdings in FlexShares Disciplined Duration MBS Index Fund by 31.5% during 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 during the last quarter. Finally, Titleist Asset Management LLC raised its holdings in FlexShares Disciplined Duration MBS Index Fund by 8.6% during the 1st quarter. Titleist Asset Management LLC now owns 74,971 shares of the company’s stock valued at $1,548,000 after buying an additional 5,914 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.