FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Update

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 4,214 shares, an increase of 603.5% from the April 30th total of 599 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 15,970 shares, the short-interest ratio is currently 0.3 days.

FlexShares Core Select Bond Fund Price Performance

FlexShares Core Select Bond Fund stock traded up $0.01 during trading on Friday, hitting $22.11. The stock had a trading volume of 23,443 shares, compared to its average volume of 20,290. FlexShares Core Select Bond Fund has a 1 year low of $21.70 and a 1 year high of $22.73. The stock’s 50 day moving average is $22.14 and its two-hundred day moving average is $22.35.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

Several institutional investors have recently made changes to their positions in BNDC. Park National Corp OH raised its position in shares of FlexShares Core Select Bond Fund by 54.9% in the first quarter. Park National Corp OH now owns 294,954 shares of the company’s stock worth $6,559,000 after buying an additional 104,531 shares in the last quarter. Northern Trust Corp raised its position in shares of FlexShares Core Select Bond Fund by 2.6% in the third quarter. Northern Trust Corp now owns 2,899,364 shares of the company’s stock worth $65,221,000 after buying an additional 72,595 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of FlexShares Core Select Bond Fund in the first quarter worth $920,000. Olde Wealth Management LLC purchased a new stake in shares of FlexShares Core Select Bond Fund in the third quarter worth $835,000. Finally, MML Investors Services LLC raised its position in shares of FlexShares Core Select Bond Fund by 19.3% in the second quarter. MML Investors Services LLC now owns 228,240 shares of the company’s stock worth $5,082,000 after buying an additional 36,926 shares in the last quarter.

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.