FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Up 1,273.2% in January

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 5,575 shares, an increase of 1,273.2% from the December 31st total of 406 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 11,668 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 11,668 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On FlexShares Disciplined Duration MBS Index Fund

A number of hedge funds have recently added to or reduced their stakes in MBSD. Atria Investments Inc lifted its position in shares of FlexShares Disciplined Duration MBS Index Fund by 11.7% during the 2nd quarter. Atria Investments Inc now owns 29,810 shares of the company’s stock valued at $617,000 after buying an additional 3,126 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 15.4% in the 3rd 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 during the last quarter. Simplicity Wealth LLC lifted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 103.0% in the 2nd quarter. Simplicity Wealth LLC now owns 36,008 shares of the company’s stock valued at $745,000 after purchasing an additional 18,274 shares during the last quarter. Raymond James Financial Inc. lifted its position in 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 worth $828,000 after buying an additional 7,256 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 31.5% during the 2nd quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock worth $982,000 after purchasing an additional 11,357 shares during the period.

FlexShares Disciplined Duration MBS Index Fund Stock Performance

Shares of NYSEARCA:MBSD traded up $0.01 during trading on Thursday, reaching $20.87. 17,800 shares of the company traded hands, compared to its average volume of 10,852. The business’s fifty day moving average is $20.82 and its 200-day moving average is $20.79. FlexShares Disciplined Duration MBS Index Fund has a 52-week low of $20.21 and a 52-week high of $21.10.

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.