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

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 4,642 shares, a decrease of 16.7% from the January 15th total of 5,575 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 10,228 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 10,228 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

FlexShares Disciplined Duration MBS Index Fund Stock Down 0.1%

MBSD stock traded down $0.02 during midday trading on Wednesday, hitting $20.95. The stock had a trading volume of 4,197 shares, compared to its average volume of 9,912. 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 moving average price is $20.82 and its 200 day moving average price is $20.83.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.0642 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.7%.

Hedge Funds Weigh In On FlexShares Disciplined Duration MBS Index Fund

Several large investors have recently added to or reduced their stakes in the business. Titleist Asset Management LLC boosted its stake 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 during the last quarter. LPL Financial LLC lifted its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 30.4% during the 4th quarter. LPL Financial LLC now owns 30,497 shares of the company’s stock worth $634,000 after acquiring an additional 7,114 shares during the period. Leuthold Group LLC acquired a new stake in shares of FlexShares Disciplined Duration MBS Index Fund in the fourth quarter worth approximately $276,000. MGO One Seven LLC grew its holdings in FlexShares Disciplined Duration MBS Index Fund by 7.6% in the fourth quarter. MGO One Seven LLC now owns 309,195 shares of the company’s stock valued at $6,424,000 after purchasing an additional 21,711 shares during the period. Finally, Cornerstone National Bank & Trust Co grew its holdings in 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.

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.