FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Shares Shorted: Short Interest Down 46.5% in September

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 744 shares, a decline of 46.5% from the September 15th total of 1,391 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 11,908 shares, the days-to-cover ratio is presently 0.1 days.

FlexShares Core Select Bond Fund Stock Performance

FlexShares Core Select Bond Fund stock traded down $0.08 during trading hours on Wednesday, reaching $21.06. 639 shares of the company’s stock traded hands, compared to its average volume of 15,229. FlexShares Core Select Bond Fund has a fifty-two week low of $20.95 and a fifty-two week high of $22.73. The firm’s 50 day moving average is $21.50 and its 200-day moving average is $21.86.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

A number of institutional investors and hedge funds have recently modified their holdings of BNDC. Park National Corp OH bought a new position in FlexShares Core Select Bond Fund in the third quarter valued at approximately $6,963,000. CoreCap Advisors LLC raised its position in shares of FlexShares Core Select Bond Fund by 19.1% during the 3rd quarter. CoreCap Advisors LLC now owns 71,610 shares of the company’s stock valued at $1,509,000 after acquiring an additional 11,487 shares during the last quarter. First Heartland Consultants Inc. bought a new stake in shares of FlexShares Core Select Bond Fund during the 3rd quarter valued at $828,000. ROI Financial Advisors LLC raised its position 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 valued at $603,000 after acquiring an additional 1,041 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in shares of FlexShares Core Select Bond Fund in the 1st quarter valued at $422,000.

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.