Short Interest in FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Drops By 57.9%

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,774 shares, a decline of 57.9% from the May 14th total of 4,214 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 16,569 shares, the short-interest ratio is presently 0.1 days.

FlexShares Core Select Bond Fund Price Performance

NYSEARCA BNDC opened at $22.06 on Friday. FlexShares Core Select Bond Fund has a 12-month low of $21.70 and a 12-month high of $22.73. The firm has a 50-day moving average price of $22.12 and a two-hundred day moving average price of $22.32.

Institutional Trading of FlexShares Core Select Bond Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. GeoWealth Management LLC bought a new stake in shares of FlexShares Core Select Bond Fund during the 3rd quarter worth approximately $29,000. Wealth Watch Advisors INC bought a new stake in shares of FlexShares Core Select Bond Fund during the 4th quarter worth approximately $38,000. Fifth Third Bancorp bought a new stake in shares of FlexShares Core Select Bond Fund during the 1st quarter worth approximately $100,000. First Heartland Consultants Inc. bought a new stake in shares of FlexShares Core Select Bond Fund during the 3rd quarter worth approximately $254,000. Finally, WealthPlan Investment Management LLC bought a new stake in shares of FlexShares Core Select Bond Fund during the 4th quarter worth approximately $278,000.

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.