Short Interest in FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Decreases By 65.5%

by · The Cerbat Gem

FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 15,464 shares, a decrease of 65.5% from the December 31st total of 44,759 shares. Based on an average trading volume of 20,563 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 20,563 shares, the short-interest ratio is currently 0.8 days.

FlexShares Core Select Bond Fund Price Performance

NYSEARCA:BNDC traded down $0.02 on Friday, hitting $22.41. The company’s stock had a trading volume of 11,547 shares, compared to its average volume of 19,432. FlexShares Core Select Bond Fund has a one year low of $21.61 and a one year high of $22.73. The stock has a fifty day moving average of $22.45 and a two-hundred day moving average of $22.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stratos Wealth Advisors LLC lifted its position in FlexShares Core Select Bond Fund by 1.6% during the third quarter. Stratos Wealth Advisors LLC now owns 36,233 shares of the company’s stock worth $815,000 after acquiring an additional 587 shares during the last quarter. Absolute Capital Management LLC increased its stake in shares of FlexShares Core Select Bond Fund by 2.8% during the third quarter. Absolute Capital Management LLC now owns 24,484 shares of the company’s stock worth $551,000 after purchasing an additional 662 shares during the period. GeoWealth Management LLC acquired a new stake in FlexShares Core Select Bond Fund during the 3rd quarter worth approximately $29,000. Freedom Investment Management Inc. lifted its holdings in FlexShares Core Select Bond Fund by 12.0% during the 2nd quarter. Freedom Investment Management Inc. now owns 34,433 shares of the company’s stock worth $767,000 after purchasing an additional 3,684 shares during the last quarter. Finally, Mutual Advisors LLC boosted its stake in FlexShares Core Select Bond Fund by 5.2% in the 2nd quarter. Mutual Advisors LLC now owns 77,505 shares of the company’s stock valued at $1,714,000 after purchasing an additional 3,826 shares during the period.

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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