Short Interest in FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Declines By 60.5%

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,785 shares, a decrease of 60.5% from the February 26th total of 4,518 shares. Based on an average daily trading volume, of 7,216 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

FlexShares Disciplined Duration MBS Index Fund Price Performance

Shares of MBSD stock traded up $0.03 during trading hours on Friday, reaching $20.56. The company had a trading volume of 1,464 shares, compared to its average volume of 9,430. FlexShares Disciplined Duration MBS Index Fund has a twelve month low of $20.21 and a twelve month high of $21.10. The stock’s fifty day simple moving average is $20.82 and its 200 day simple moving average is $20.85.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.0631 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cornerstone National Bank & Trust Co boosted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 4.9% in the fourth quarter. Cornerstone National Bank & Trust Co now owns 674,362 shares of the company’s stock valued at $14,010,000 after purchasing an additional 31,564 shares during the period. Cottonwood Capital Advisors LLC grew 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 valued at $7,483,000 after purchasing an additional 8,161 shares in the last quarter. MGO One Seven LLC increased its stake in FlexShares Disciplined Duration MBS Index Fund by 7.6% during the 4th quarter. MGO One Seven LLC now owns 309,195 shares of the company’s stock worth $6,424,000 after buying an additional 21,711 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in FlexShares Disciplined Duration MBS Index Fund during the 4th quarter worth $5,886,000. Finally, Titleist Asset Management LLC lifted its holdings in FlexShares Disciplined Duration MBS Index Fund by 166.3% in the 4th quarter. Titleist Asset Management LLC now owns 200,329 shares of the company’s stock worth $4,162,000 after buying an additional 125,099 shares in the last quarter.

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.