FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Up 278.4% in June

FlexShares Core Select Bond Fund (NYSEARCA:BNDCGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 7,497 shares, a growth of 278.4% from the June 15th total of 1,981 shares. Based on an average daily volume of 6,056 shares, the short-interest ratio is currently 1.2 days. Currently, 0.1% of the company’s shares are short sold.

FlexShares Core Select Bond Fund Stock Down 0.3%

NYSEARCA BNDC traded down $0.07 on Monday, reaching $21.82. The stock had a trading volume of 13,519 shares, compared to its average volume of 17,411. The stock has a fifty day moving average price of $22.04 and a two-hundred day moving average price of $22.25. FlexShares Core Select Bond Fund has a 12-month low of $21.70 and a 12-month high of $22.73.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the company. ROI Financial Advisors LLC lifted its stake 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 in the last quarter. GeoWealth Management LLC purchased a new stake in FlexShares Core Select Bond Fund during the third quarter worth about $29,000. Wealth Watch Advisors INC purchased a new stake in FlexShares Core Select Bond Fund during the fourth quarter worth about $38,000. Park National Corp OH lifted its position in shares of FlexShares Core Select Bond Fund by 2.2% during the fourth quarter. Park National Corp OH now owns 190,423 shares of the company’s stock worth $4,259,000 after purchasing an additional 4,048 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of FlexShares Core Select Bond Fund during the first quarter worth about $100,000.

About FlexShares Core Select Bond Fund

(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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