FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Update

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 2,959 shares, a decline of 58.9% from the June 30th total of 7,193 shares. Based on an average daily trading volume, of 7,483 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On FlexShares Disciplined Duration MBS Index Fund

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of FlexShares Disciplined Duration MBS Index Fund by 4.0% during the third quarter. Bank of America Corp DE now owns 49,332 shares of the company’s stock worth $1,029,000 after purchasing an additional 1,879 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 7.6% in the fourth quarter. Sanctuary Advisors LLC now owns 63,625 shares of the company’s stock valued at $1,322,000 after purchasing an additional 4,484 shares in the last quarter. LPL Financial LLC grew its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 30.4% in the fourth quarter. LPL Financial LLC now owns 30,497 shares of the company’s stock valued at $634,000 after purchasing an additional 7,114 shares in the last quarter. Raymond James Financial Inc. increased its stake in FlexShares Disciplined Duration MBS Index Fund by 22.4% during the 3rd quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock worth $828,000 after buying an additional 7,256 shares during the period. Finally, Cottonwood Capital Advisors LLC lifted its holdings in FlexShares Disciplined Duration MBS Index Fund by 2.3% during the 4th quarter. Cottonwood Capital Advisors LLC now owns 360,192 shares of the company’s stock worth $7,483,000 after buying an additional 8,161 shares in the last quarter.

FlexShares Disciplined Duration MBS Index Fund Price Performance

Shares of MBSD stock traded down $0.04 on Wednesday, hitting $20.42. The stock had a trading volume of 5,668 shares, compared to its average volume of 10,470. FlexShares Disciplined Duration MBS Index Fund has a 1 year low of $20.34 and a 1 year high of $21.10. The company’s 50 day moving average price is $20.55 and its 200-day moving average price is $20.69.

About FlexShares Disciplined Duration MBS Index Fund

The FlexShares Disciplined Duration MBS Index Fund (MBSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of agency-backed mortgage-backed securities that aims for 3.25-4.25 years of effective duration. The index uses a proprietary weighting scheme. MBSD was launched on Sep 4, 2014 and is managed by FlexShares.