FlexShares Core Select Bond Fund (NYSEARCA:BNDC – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,214 shares, an increase of 603.5% from the April 30th total of 599 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 15,970 shares, the short-interest ratio is presently 0.3 days.
FlexShares Core Select Bond Fund Price Performance
NYSEARCA:BNDC opened at $22.11 on Friday. The business’s fifty day moving average price is $22.14 and its 200 day moving average price is $22.35. FlexShares Core Select Bond Fund has a 1-year low of $21.70 and a 1-year high of $22.73.
Institutional Trading of FlexShares Core Select Bond Fund
A number of hedge funds have recently made changes to their positions in the stock. GeoWealth Management LLC purchased a new position in FlexShares Core Select Bond Fund during the third quarter valued at approximately $29,000. Wealth Watch Advisors INC acquired a new position in FlexShares Core Select Bond Fund in the 4th quarter valued at approximately $38,000. Fifth Third Bancorp purchased a new stake in FlexShares Core Select Bond Fund in the 1st quarter worth approximately $100,000. First Heartland Consultants Inc. acquired a new stake in shares of FlexShares Core Select Bond Fund during the 3rd quarter valued at $254,000. Finally, WealthPlan Investment Management LLC acquired a new stake in shares of FlexShares Core Select Bond Fund during the 4th quarter valued at $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.
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