FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Update

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its position in FlexShares Disciplined Duration MBS Index Fund by 5.8% during the first quarter. Bank of America Corp DE now owns 58,651 shares of the company’s stock valued at $1,214,000 after acquiring an additional 3,235 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 8.4% in the 1st quarter. Sanctuary Advisors LLC now owns 68,976 shares of the company’s stock worth $1,428,000 after acquiring an additional 5,351 shares during the last quarter. Cottonwood Capital Advisors LLC boosted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 5.0% during the 1st quarter. Cottonwood Capital Advisors LLC now owns 378,279 shares of the company’s stock worth $7,832,000 after purchasing an additional 18,087 shares during the period. Titleist Asset Management LLC boosted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 166.3% during 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. Finally, LPL Financial LLC grew its holdings in FlexShares Disciplined Duration MBS Index Fund by 30.4% during the 4th quarter. LPL Financial LLC now owns 30,497 shares of the company’s stock valued at $634,000 after purchasing an additional 7,114 shares during the last quarter.

FlexShares Disciplined Duration MBS Index Fund Stock Performance

Shares of NYSEARCA MBSD traded up $0.01 during trading hours on Friday, hitting $20.47. 12,212 shares of the company traded hands, compared to its average volume of 10,246. The company’s 50 day moving average price is $20.51 and its 200 day moving average price is $20.66. FlexShares Disciplined Duration MBS Index Fund has a 12 month low of $20.26 and a 12 month high of $21.10.

FlexShares Disciplined Duration MBS Index Fund Company Profile

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.