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

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 2,953 shares, a drop of 51.2% from the November 30th total of 6,056 shares. Based on an average daily trading volume, of 10,004 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 10,004 shares, the days-to-cover ratio is presently 0.3 days.

FlexShares Disciplined Duration MBS Index Fund Stock Performance

NYSEARCA MBSD traded down $0.01 on Friday, hitting $20.78. 7,122 shares of the company’s stock traded hands, compared to its average volume of 12,936. FlexShares Disciplined Duration MBS Index Fund has a 1-year low of $19.99 and a 1-year high of $21.10. The firm’s 50-day moving average price is $20.87 and its two-hundred day moving average price is $20.75.

Hedge Funds Weigh In On FlexShares Disciplined Duration MBS Index Fund

Several large investors have recently made changes to their positions in MBSD. Bank of America Corp DE grew its position in FlexShares Disciplined Duration MBS Index Fund by 4.0% during the third quarter. Bank of America Corp DE now owns 49,332 shares of the company’s stock valued at $1,029,000 after buying an additional 1,879 shares during the period. Raymond James Financial Inc. raised its position in shares of FlexShares Disciplined Duration MBS Index Fund by 22.4% in the third quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock worth $828,000 after acquiring an additional 7,256 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 15.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 33,012 shares of the company’s stock worth $689,000 after acquiring an additional 4,412 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 23.3% during the 3rd quarter. MGO One Seven LLC now owns 287,484 shares of the company’s stock worth $5,997,000 after acquiring an additional 54,378 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC grew its position in shares of FlexShares Disciplined Duration MBS Index Fund by 0.8% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 352,031 shares of the company’s stock valued at $7,343,000 after acquiring an additional 2,915 shares during the period.

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.