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

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 124 shares, a decrease of 83.3% from the September 30th total of 744 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 82,333 shares, the days-to-cover ratio is presently 0.0 days.

FlexShares Core Select Bond Fund Trading Up 0.1%

Shares of FlexShares Core Select Bond Fund stock opened at $21.41 on Tuesday. FlexShares Core Select Bond Fund has a twelve month low of $20.95 and a twelve month high of $22.73. The business’s 50 day simple moving average is $21.42 and its 200-day simple moving average is $21.98.

Hedge Funds Weigh In On FlexShares Core Select Bond Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. Fifth Third Bancorp bought a new position in shares of FlexShares Core Select Bond Fund during the first quarter worth about $100,000. Citadel Advisors LLC bought a new stake in FlexShares Core Select Bond Fund in the 2nd quarter valued at about $390,000. Patriot Financial Group Insurance Agency LLC bought a new stake in FlexShares Core Select Bond Fund in the 1st quarter valued at about $422,000. ROI Financial Advisors LLC lifted its position in FlexShares Core Select Bond Fund by 4.0% in the 1st quarter. ROI Financial Advisors LLC now owns 27,100 shares of the company’s stock valued at $603,000 after purchasing an additional 1,041 shares during the last quarter. Finally, First Heartland Consultants Inc. acquired a new position in FlexShares Core Select Bond Fund during the 3rd quarter valued at about $828,000.

FlexShares Core Select Bond Fund Company Profile

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.