FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Update

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 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 shares are sold short. Based on an average trading volume of 8,199 shares, the days-to-cover ratio is presently 0.2 days.

FlexShares Core Select Bond Fund Trading Down 0.0%

Shares of BNDC traded down $0.01 during mid-day trading on Friday, reaching $21.11. The stock had a trading volume of 22,086 shares, compared to its average volume of 15,215. FlexShares Core Select Bond Fund has a 52-week low of $21.00 and a 52-week high of $22.73. The business’s fifty day moving average is $21.61 and its 200 day moving average is $21.92.

Institutional Trading of FlexShares Core Select Bond Fund

Several hedge funds have recently made changes to their positions in BNDC. Park National Corp OH lifted its holdings in shares of FlexShares Core Select Bond Fund by 54.9% in the 1st quarter. Park National Corp OH now owns 294,954 shares of the company’s stock worth $6,559,000 after acquiring an additional 104,531 shares during the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in FlexShares Core Select Bond Fund in the 1st quarter valued at approximately $422,000. Citadel Advisors LLC acquired a new stake in FlexShares Core Select Bond Fund in the 2nd quarter valued at approximately $390,000. CoreCap Advisors LLC raised its position in FlexShares Core Select Bond Fund by 18.3% in the second quarter. CoreCap Advisors LLC now owns 60,123 shares of the company’s stock valued at $1,328,000 after purchasing an additional 9,281 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in FlexShares Core Select Bond Fund in the first quarter valued at approximately $100,000.

About FlexShares Core Select Bond Fund

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.