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

FlexShares Core Select Bond Fund (NYSEARCA:BNDCGet Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 44,759 shares, an increase of 281.8% from the December 15th total of 11,724 shares. Based on an average daily trading volume, of 14,961 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 14,961 shares, the days-to-cover ratio is currently 3.0 days.

FlexShares Core Select Bond Fund Stock Performance

Shares of NYSEARCA:BNDC opened at $22.41 on Tuesday. FlexShares Core Select Bond Fund has a 52 week low of $21.40 and a 52 week high of $22.73. The firm has a 50 day simple moving average of $22.47 and a 200 day simple moving average of $22.40.

Institutional Trading of FlexShares Core Select Bond Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. GeoWealth Management LLC acquired a new position in FlexShares Core Select Bond Fund during the 3rd quarter worth about $29,000. CX Institutional acquired a new position in shares of FlexShares Core Select Bond Fund during the third quarter worth approximately $98,000. Citizens & Northern Corp bought a new stake in shares of FlexShares Core Select Bond Fund during the second quarter valued at approximately $244,000. First Heartland Consultants Inc. acquired a new stake in shares of FlexShares Core Select Bond Fund in the third quarter valued at approximately $254,000. Finally, CoreCap Advisors LLC increased its holdings in shares of FlexShares Core Select Bond Fund by 114.9% in the third quarter. CoreCap Advisors LLC now owns 24,108 shares of the company’s stock valued at $542,000 after purchasing an additional 12,891 shares in the last quarter.

FlexShares Core Select Bond Fund Company Profile

(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.

Further Reading

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