FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Up 278.4% in June

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,497 shares, an increase of 278.4% from the June 15th total of 1,981 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 6,056 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of FlexShares Core Select Bond Fund

Institutional investors have recently bought and sold shares of the business. ROI Financial Advisors LLC increased its holdings in shares of FlexShares Core Select Bond Fund by 5.0% during the fourth quarter. ROI Financial Advisors LLC now owns 26,059 shares of the company’s stock worth $583,000 after purchasing an additional 1,238 shares during the period. Park National Corp OH boosted its stake in shares of FlexShares Core Select Bond Fund by 54.9% in the first quarter. Park National Corp OH now owns 294,954 shares of the company’s stock valued at $6,559,000 after buying an additional 104,531 shares during the period. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of FlexShares Core Select Bond Fund in the first quarter valued at approximately $422,000. GeoWealth Management LLC bought a new stake in shares of FlexShares Core Select Bond Fund in the third quarter valued at approximately $29,000. Finally, MML Investors Services LLC grew its position in FlexShares Core Select Bond Fund by 6.7% during the fourth quarter. MML Investors Services LLC now owns 243,437 shares of the company’s stock worth $5,444,000 after buying an additional 15,339 shares in the last quarter.

FlexShares Core Select Bond Fund Trading Up 0.2%

Shares of BNDC stock traded up $0.05 on Tuesday, hitting $21.87. The company’s stock had a trading volume of 789 shares, compared to its average volume of 17,292. The stock’s 50 day moving average is $22.03 and its 200-day moving average is $22.25. FlexShares Core Select Bond Fund has a fifty-two week low of $21.70 and a fifty-two week high of $22.73.

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.