FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Down 65.5% in January

by · The Markets Daily

FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 15,464 shares, a decrease of 65.5% from the December 31st total of 44,759 shares. Based on an average trading volume of 20,563 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 20,563 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of FlexShares Core Select Bond Fund

A number of institutional investors have recently modified their holdings of the company. GeoWealth Management LLC bought a new position in shares of FlexShares Core Select Bond Fund during the third quarter worth about $29,000. CX Institutional acquired a new position in FlexShares Core Select Bond Fund during the third quarter worth $98,000. Citizens & Northern Corp bought a new position in shares of FlexShares Core Select Bond Fund in the second quarter valued at $244,000. First Heartland Consultants Inc. acquired a new position in FlexShares Core Select Bond Fund during the third quarter worth $254,000. Finally, CoreCap Advisors LLC raised its position in FlexShares Core Select Bond Fund by 114.9% during the third quarter. CoreCap Advisors LLC now owns 24,108 shares of the company’s stock worth $542,000 after acquiring an additional 12,891 shares in the last quarter.

FlexShares Core Select Bond Fund Stock Performance

Shares of NYSEARCA:BNDC opened at $22.42 on Wednesday. FlexShares Core Select Bond Fund has a 12 month low of $21.61 and a 12 month high of $22.73. The company’s fifty day simple moving average is $22.45 and its 200 day simple moving average is $22.42.

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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