FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Update

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 4,518 shares, an increase of 37.7% from the February 12th total of 3,280 shares. Based on an average daily volume of 6,495 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,495 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of FlexShares Disciplined Duration MBS Index Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Leuthold Group LLC bought a new position in FlexShares Disciplined Duration MBS Index Fund in the 4th quarter worth about $276,000. LPL Financial LLC increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 30.4% during the fourth quarter. LPL Financial LLC now owns 30,497 shares of the company’s stock valued at $634,000 after buying an additional 7,114 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 15.4% in the third quarter. Jones Financial Companies Lllp now owns 33,012 shares of the company’s stock worth $689,000 after buying an additional 4,412 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of FlexShares Disciplined Duration MBS Index Fund by 22.4% in the third quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock valued at $828,000 after acquiring an additional 7,256 shares during the period. Finally, Bank of America Corp DE grew its stake in FlexShares Disciplined Duration MBS Index Fund by 31.5% during the second quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock valued at $982,000 after acquiring an additional 11,357 shares in the last quarter.

FlexShares Disciplined Duration MBS Index Fund Stock Down 0.1%

MBSD traded down $0.02 on Friday, hitting $20.69. The company’s stock had a trading volume of 7,558 shares, compared to its average volume of 8,889. FlexShares Disciplined Duration MBS Index Fund has a 12 month low of $20.21 and a 12 month high of $21.10. The company’s 50 day simple moving average is $20.86 and its 200-day simple moving average is $20.86.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

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

FlexShares Disciplined Duration MBS Index Fund Company Profile

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.