FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Sees Significant Decrease in Short Interest

FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 124 shares, a decrease of 83.3% from the September 30th total of 744 shares. Based on an average daily trading volume, of 82,333 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

FlexShares Core Select Bond Fund Stock Up 0.3%

NYSEARCA:BNDC traded up $0.07 on Thursday, hitting $21.43. The stock had a trading volume of 4,564 shares, compared to its average volume of 19,142. FlexShares Core Select Bond Fund has a 52 week low of $20.95 and a 52 week high of $22.70. The business’s fifty day moving average is $21.40 and its 200 day moving average is $21.97.

Institutional Trading of FlexShares Core Select Bond Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BNDC. First Heartland Consultants Inc. purchased a new stake in FlexShares Core Select Bond Fund in the 3rd quarter valued at $828,000. CoreCap Advisors LLC lifted its stake in FlexShares Core Select Bond Fund by 19.1% during 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 bought a new position in FlexShares Core Select Bond Fund during the 3rd quarter valued at $6,963,000. Citadel Advisors LLC purchased a new position in FlexShares Core Select Bond Fund during the 2nd quarter worth $390,000. Finally, ROI Financial Advisors LLC boosted its holdings 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 Company Profile

(Get Free Report)

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.

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