FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Update

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 599 shares, a drop of 93.0% from the April 15th total of 8,586 shares. Based on an average daily trading volume, of 11,338 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BNDC. Wealth Watch Advisors INC acquired a new stake in shares of FlexShares Core Select Bond Fund in the fourth quarter valued at approximately $38,000. GeoWealth Management LLC bought a new stake in shares of FlexShares Core Select Bond Fund in the third quarter valued at approximately $29,000. Fifth Third Bancorp acquired a new stake in FlexShares Core Select Bond Fund during the first quarter worth approximately $100,000. Patriot Financial Group Insurance Agency LLC bought a new position in FlexShares Core Select Bond Fund during the 1st quarter worth $422,000. Finally, Park National Corp OH raised its holdings in FlexShares Core Select Bond Fund by 54.9% in the 1st quarter. Park National Corp OH now owns 294,954 shares of the company’s stock valued at $6,559,000 after acquiring an additional 104,531 shares in the last quarter.

FlexShares Core Select Bond Fund Trading Up 0.0%

Shares of BNDC stock traded up $0.01 on Wednesday, hitting $22.06. The company’s stock had a trading volume of 23,332 shares, compared to its average volume of 20,817. The stock’s 50 day moving average is $22.24 and its 200-day moving average is $22.40. FlexShares Core Select Bond Fund has a fifty-two week low of $21.71 and a fifty-two week high of $22.73.

FlexShares Core Select Bond Fund Company Profile

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.