FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Up 183.2% in June

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 7,193 shares, an increase of 183.2% from the June 15th total of 2,540 shares. Based on an average trading volume of 11,446 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of FlexShares Disciplined Duration MBS Index Fund

A number of institutional investors have recently bought and sold shares of MBSD. Jane Street Group LLC boosted its stake in 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 worth $1,932,000 after buying an additional 70,389 shares during the period. Bank of America Corp DE increased its position in FlexShares Disciplined Duration MBS Index Fund by 31.5% during the second quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock valued at $982,000 after acquiring an additional 11,357 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 22.4% in the third quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock valued at $828,000 after acquiring an additional 7,256 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of FlexShares Disciplined Duration MBS Index Fund in the fourth quarter valued at $5,886,000. Finally, Cottonwood Capital Advisors LLC lifted its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 2.3% in the 4th quarter. Cottonwood Capital Advisors LLC now owns 360,192 shares of the company’s stock worth $7,483,000 after acquiring an additional 8,161 shares during the last quarter.

FlexShares Disciplined Duration MBS Index Fund Trading Down 0.3%

NYSEARCA MBSD traded down $0.07 during trading hours on Monday, hitting $20.43. 6,609 shares of the company were exchanged, compared to its average volume of 10,001. FlexShares Disciplined Duration MBS Index Fund has a 52 week low of $20.42 and a 52 week high of $21.10. The stock has a 50-day moving average price of $20.59 and a 200 day moving average price of $20.72.

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.