Short Interest in FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Expands By 410.5%

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

FlexShares Disciplined Duration MBS Index Fund Stock Up 0.1%

FlexShares Disciplined Duration MBS Index Fund stock traded up $0.03 during trading hours on Thursday, reaching $20.46. 12,212 shares of the company were exchanged, compared to its average volume of 10,246. FlexShares Disciplined Duration MBS Index Fund has a 12 month low of $20.26 and a 12 month high of $21.10. The stock has a 50-day moving average of $20.51 and a 200 day moving average of $20.66.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Leuthold Group LLC bought a new position in shares of FlexShares Disciplined Duration MBS Index Fund in the fourth quarter valued at about $276,000. LPL Financial LLC lifted its stake in FlexShares Disciplined Duration MBS Index Fund by 30.4% in the fourth quarter. LPL Financial LLC now owns 30,497 shares of the company’s stock valued at $634,000 after buying an additional 7,114 shares during the period. Raymond James Financial Inc. boosted its holdings in FlexShares Disciplined Duration MBS Index Fund by 22.4% during the third quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock worth $828,000 after buying an additional 7,256 shares during the last quarter. Bank of America Corp DE grew its position in shares of FlexShares Disciplined Duration MBS Index Fund by 31.5% during the 2nd quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock worth $982,000 after buying an additional 11,357 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 7.6% in the 4th quarter. Sanctuary Advisors LLC now owns 63,625 shares of the company’s stock valued at $1,322,000 after acquiring an additional 4,484 shares during the last quarter.

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.