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

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) was the recipient of a large decrease in short interest during the month of 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 daily 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 daily volume of 20,563 shares, the short-interest ratio is presently 0.8 days.

FlexShares Core Select Bond Fund Stock Up 0.1%

BNDC stock traded up $0.02 on Thursday, hitting $22.43. 14,680 shares of the company’s stock were exchanged, compared to its average volume of 19,852. The firm has a 50 day moving average price of $22.45 and a two-hundred day moving average price of $22.42. FlexShares Core Select Bond Fund has a 12-month low of $21.61 and a 12-month high of $22.73.

Institutional Trading of FlexShares Core Select Bond Fund

A number of institutional investors have recently bought and sold shares of BNDC. GeoWealth Management LLC acquired a new position in FlexShares Core Select Bond Fund during the 3rd quarter valued at approximately $29,000. CX Institutional acquired a new position in shares of FlexShares Core Select Bond Fund in the 3rd quarter valued at $98,000. Citizens & Northern Corp purchased a new position in FlexShares Core Select Bond Fund in the 2nd quarter worth $244,000. First Heartland Consultants Inc. acquired a new stake in FlexShares Core Select Bond Fund during the 3rd quarter worth about $254,000. Finally, CoreCap Advisors LLC grew its stake in FlexShares Core Select Bond Fund by 114.9% during the 3rd 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 during the last quarter.

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.