FlexShares Core Select Bond Fund (NYSEARCA:BNDC) Short Interest Up 57.7% in October

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 11,200 shares, an increase of 57.7% from the September 30th total of 7,100 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is currently 1.3 days.

Hedge Funds Weigh In On FlexShares Core Select Bond Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. CX Institutional purchased a new position in shares of FlexShares Core Select Bond Fund in the 3rd quarter worth $98,000. Citizens & Northern Corp bought a new stake in shares of FlexShares Core Select Bond Fund in the 2nd quarter worth about $244,000. CoreCap Advisors LLC lifted its holdings in shares of FlexShares Core Select Bond Fund by 114.9% in the 3rd quarter. CoreCap Advisors LLC now owns 24,108 shares of the company’s stock worth $542,000 after acquiring an additional 12,891 shares during the last quarter. Absolute Capital Management LLC lifted its position in shares of FlexShares Core Select Bond Fund by 2.8% during the third quarter. Absolute Capital Management LLC now owns 24,484 shares of the company’s stock worth $551,000 after purchasing an additional 662 shares during the last quarter. Finally, Freedom Investment Management Inc. lifted its holdings in FlexShares Core Select Bond Fund by 12.0% during the 2nd quarter. Freedom Investment Management Inc. now owns 34,433 shares of the company’s stock valued at $767,000 after buying an additional 3,684 shares in the last quarter.

FlexShares Core Select Bond Fund Stock Performance

Shares of NYSEARCA:BNDC opened at $22.53 on Tuesday. The firm has a fifty day moving average price of $22.53 and a 200 day moving average price of $22.23. FlexShares Core Select Bond Fund has a fifty-two week low of $19.90 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.