FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Shares Shorted: Short Interest Down 46.5% in September

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 744 shares, a decrease of 46.5% from the September 15th total of 1,391 shares. Based on an average daily trading volume, of 11,908 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of FlexShares Core Select Bond Fund

A number of hedge funds have recently modified their holdings of the company. First Heartland Consultants Inc. acquired a new stake in FlexShares Core Select Bond Fund in the 3rd quarter valued at approximately $828,000. CoreCap Advisors LLC lifted its stake in FlexShares Core Select Bond Fund by 19.1% in the 3rd quarter. CoreCap Advisors LLC now owns 71,610 shares of the company’s stock valued at $1,509,000 after acquiring an additional 11,487 shares in the last quarter. Park National Corp OH acquired a new position in FlexShares Core Select Bond Fund during the 3rd quarter worth approximately $6,963,000. Citadel Advisors LLC acquired a new position in FlexShares Core Select Bond Fund during the 2nd quarter worth approximately $390,000. Finally, ROI Financial Advisors LLC boosted its position in FlexShares Core Select Bond Fund by 4.0% during the 1st quarter. ROI Financial Advisors LLC now owns 27,100 shares of the company’s stock worth $603,000 after acquiring an additional 1,041 shares during the last quarter.

FlexShares Core Select Bond Fund Price Performance

BNDC traded down $0.08 during midday trading on Wednesday, reaching $21.06. 639 shares of the company were exchanged, compared to its average volume of 15,229. FlexShares Core Select Bond Fund has a one year low of $20.95 and a one year high of $22.73. The stock’s 50-day simple moving average is $21.50 and its 200 day simple moving average is $21.86.

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.