FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Up 281.8% in December

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 44,759 shares, an increase of 281.8% from the December 15th total of 11,724 shares. Based on an average trading volume of 14,961 shares, the short-interest ratio is currently 3.0 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 14,961 shares, the short-interest ratio is currently 3.0 days.

FlexShares Core Select Bond Fund Stock Performance

Shares of BNDC stock traded up $0.04 during trading hours on Wednesday, hitting $22.47. The company had a trading volume of 1,707 shares, compared to its average volume of 7,123. The company’s fifty day moving average is $22.46 and its 200 day moving average is $22.40. FlexShares Core Select Bond Fund has a fifty-two week low of $21.61 and a fifty-two week high of $22.73.

Institutional Investors Weigh In On FlexShares Core Select Bond Fund

A number of institutional investors have recently modified their holdings of BNDC. Jane Street Group LLC acquired a new position in FlexShares Core Select Bond Fund during the 1st quarter worth about $920,000. Occidental Asset Management LLC increased its stake in FlexShares Core Select Bond Fund by 1.7% during the second quarter. Occidental Asset Management LLC now owns 779,474 shares of the company’s stock worth $17,355,000 after purchasing an additional 12,773 shares during the period. Mutual Advisors LLC increased its stake in FlexShares Core Select Bond Fund by 5.2% during the second quarter. Mutual Advisors LLC now owns 77,505 shares of the company’s stock worth $1,714,000 after purchasing an additional 3,826 shares during the period. Citizens & Northern Corp acquired a new stake in shares of FlexShares Core Select Bond Fund during the second quarter worth about $244,000. Finally, Freedom Investment Management Inc. boosted its stake in shares of FlexShares Core Select Bond Fund by 12.0% in the second quarter. Freedom Investment Management Inc. now owns 34,433 shares of the company’s stock valued at $767,000 after purchasing an additional 3,684 shares during the period.

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.