FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 3,505 shares, an increase of 2,726.6% from the October 15th total of 124 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 20,097 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Trading of FlexShares Core Select Bond Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in BNDC. ROI Financial Advisors LLC lifted its holdings in FlexShares Core Select Bond Fund by 4.0% during 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. Fifth Third Bancorp acquired a new position in FlexShares Core Select Bond Fund in the 1st quarter valued at $100,000. CoreCap Advisors LLC lifted its position in FlexShares Core Select Bond Fund by 18.3% during the second quarter. CoreCap Advisors LLC now owns 60,123 shares of the company’s stock worth $1,328,000 after purchasing an additional 9,281 shares during the period. Citadel Advisors LLC bought a new stake in shares of FlexShares Core Select Bond Fund during the 2nd quarter worth approximately $390,000. Finally, Park National Corp OH acquired a new stake in shares of FlexShares Core Select Bond Fund in the 3rd quarter valued at $6,963,000.
FlexShares Core Select Bond Fund Stock Performance
BNDC traded down $0.02 during trading on Wednesday, reaching $21.34. The company had a trading volume of 11,251 shares, compared to its average volume of 18,697. The business’s fifty day moving average price is $21.35 and its 200 day moving average price is $21.93. FlexShares Core Select Bond Fund has a 12 month low of $20.95 and a 12 month high of $23.74.
About FlexShares Core Select Bond Fund
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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