FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Update

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 406 shares, a decline of 86.3% from the December 15th total of 2,953 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,383 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 7,383 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

FlexShares Disciplined Duration MBS Index Fund Price Performance

MBSD remained flat at $20.85 during midday trading on Tuesday. 2,229 shares of the company’s stock traded hands, compared to its average volume of 10,679. FlexShares Disciplined Duration MBS Index Fund has a fifty-two week low of $20.04 and a fifty-two week high of $21.10. The stock’s 50-day moving average price is $20.83 and its 200 day moving average price is $20.77.

Institutional Investors Weigh In On FlexShares Disciplined Duration MBS Index Fund

Several institutional investors have recently bought and sold shares of MBSD. Jane Street Group LLC raised its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 306.8% during the second quarter. Jane Street Group LLC now owns 93,333 shares of the company’s stock valued at $1,932,000 after acquiring an additional 70,389 shares during the last quarter. Bank of America Corp DE raised its stake in FlexShares Disciplined Duration MBS Index Fund by 4.0% in the 3rd quarter. Bank of America Corp DE now owns 49,332 shares of the company’s stock valued at $1,029,000 after purchasing an additional 1,879 shares during the last quarter. Raymond James Financial Inc. raised its stake in FlexShares Disciplined Duration MBS Index Fund by 22.4% in the 3rd quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock valued at $828,000 after purchasing an additional 7,256 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in FlexShares Disciplined Duration MBS Index Fund in the 4th quarter valued at $5,886,000. Finally, Jones Financial Companies Lllp boosted its stake in FlexShares Disciplined Duration MBS Index Fund by 15.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 33,012 shares of the company’s stock worth $689,000 after purchasing an additional 4,412 shares during the last quarter.

About FlexShares Disciplined Duration MBS Index Fund

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.