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

FlexShares Core Select Bond Fund (NYSEARCA:BNDCGet Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 44,759 shares, an increase of 281.8% from the December 15th total of 11,724 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average trading volume of 14,961 shares, the short-interest ratio is currently 3.0 days. Based on an average trading volume of 14,961 shares, the short-interest ratio is currently 3.0 days. Currently, 0.7% of the company’s shares are short sold.

FlexShares Core Select Bond Fund Stock Down 0.1%

NYSEARCA BNDC opened at $22.41 on Tuesday. FlexShares Core Select Bond Fund has a one year low of $21.40 and a one year high of $22.73. The stock’s 50-day moving average is $22.47 and its 200-day moving average is $22.40.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. GeoWealth Management LLC bought a new stake in shares of FlexShares Core Select Bond Fund during the third quarter worth $29,000. CX Institutional acquired a new position in FlexShares Core Select Bond Fund in the 3rd quarter worth $98,000. Citizens & Northern Corp bought a new position in FlexShares Core Select Bond Fund during the 2nd quarter worth about $244,000. First Heartland Consultants Inc. acquired a new stake in shares of FlexShares Core Select Bond Fund in the 3rd quarter valued at about $254,000. Finally, CoreCap Advisors LLC lifted its holdings in shares of FlexShares Core Select Bond Fund by 114.9% in the third quarter. CoreCap Advisors LLC now owns 24,108 shares of the company’s stock valued at $542,000 after purchasing an additional 12,891 shares in 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.

Further Reading

Receive News & Ratings for FlexShares Core Select Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Core Select Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.