FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Stock Short Interest Falls 39.0%

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,391 shares, a decline of 39.0% from the August 31st total of 2,279 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,199 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of FlexShares Core Select Bond Fund

A number of institutional investors have recently made changes to their positions in BNDC. Park National Corp OH grew its position in FlexShares Core Select Bond Fund by 54.9% in the first quarter. Park National Corp OH now owns 294,954 shares of the company’s stock valued at $6,559,000 after purchasing an additional 104,531 shares in the last quarter. CoreCap Advisors LLC lifted its position in FlexShares Core Select Bond Fund by 18.3% during the 2nd quarter. CoreCap Advisors LLC now owns 60,123 shares of the company’s stock worth $1,328,000 after buying an additional 9,281 shares in the last quarter. ROI Financial Advisors LLC boosted its stake in shares of 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 worth $603,000 after buying an additional 1,041 shares during the last quarter. Patriot Financial Group Insurance Agency LLC bought a new position in shares of FlexShares Core Select Bond Fund in the 1st quarter valued at about $422,000. Finally, Citadel Advisors LLC acquired a new stake in shares of FlexShares Core Select Bond Fund in the second quarter valued at about $390,000.

FlexShares Core Select Bond Fund Stock Up 0.2%

Shares of NYSEARCA:BNDC traded up $0.04 during mid-day trading on Thursday, reaching $21.11. 7,564 shares of the stock were exchanged, compared to its average volume of 15,245. The stock’s 50 day simple moving average is $21.62 and its 200-day simple moving average is $21.93. FlexShares Core Select Bond Fund has a one year low of $21.00 and a one year 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.