FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Down 58.9% in July

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,959 shares, a drop of 58.9% from the June 30th total of 7,193 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 7,483 shares, the short-interest ratio is presently 0.4 days.

FlexShares Disciplined Duration MBS Index Fund Price Performance

NYSEARCA:MBSD opened at $20.39 on Monday. The company has a 50 day moving average price of $20.55 and a 200-day moving average price of $20.70. FlexShares Disciplined Duration MBS Index Fund has a 1-year low of $20.34 and a 1-year high of $21.10.

Institutional Trading of FlexShares Disciplined Duration MBS Index Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC increased its stake 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 worth $1,932,000 after purchasing an additional 70,389 shares in the last quarter. Bank of America Corp DE raised its stake in FlexShares Disciplined Duration MBS Index Fund by 31.5% in the 2nd quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock valued at $982,000 after purchasing an additional 11,357 shares during the last quarter. Raymond James Financial Inc. lifted its holdings 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 in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in FlexShares Disciplined Duration MBS Index Fund during the 4th quarter worth $5,886,000. Finally, Cottonwood Capital Advisors LLC boosted its stake in FlexShares Disciplined Duration MBS Index Fund by 2.3% during the 4th quarter. Cottonwood Capital Advisors LLC now owns 360,192 shares of the company’s stock worth $7,483,000 after purchasing an additional 8,161 shares during the last quarter.

FlexShares Disciplined Duration MBS Index Fund Company Profile

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.