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

FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 124 shares, a decline 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 trading volume, of 82,333 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. First Heartland Consultants Inc. bought a new position in FlexShares Core Select Bond Fund in the 3rd quarter valued at about $828,000. CoreCap Advisors LLC raised its holdings in FlexShares Core Select Bond Fund by 19.1% during the third quarter. CoreCap Advisors LLC now owns 71,610 shares of the company’s stock worth $1,509,000 after purchasing an additional 11,487 shares in the last quarter. Park National Corp OH bought a new stake in FlexShares Core Select Bond Fund during the third quarter worth approximately $6,963,000. Citadel Advisors LLC acquired a new stake in FlexShares Core Select Bond Fund in the second quarter worth approximately $390,000. Finally, ROI Financial Advisors LLC lifted its position in FlexShares Core Select Bond Fund by 4.0% in the first quarter. ROI Financial Advisors LLC now owns 27,100 shares of the company’s stock worth $603,000 after purchasing an additional 1,041 shares during the period.

FlexShares Core Select Bond Fund Price Performance

Shares of BNDC stock opened at $21.41 on Tuesday. FlexShares Core Select Bond Fund has a 12-month low of $20.95 and a 12-month high of $22.73. The business has a 50 day simple moving average of $21.42 and a 200 day simple moving average of $21.98.

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.

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