FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Sees Significant Growth in Short Interest

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 15,105 shares, a growth of 410.5% from the July 15th total of 2,959 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 15,789 shares, the short-interest ratio is presently 1.0 days.

FlexShares Disciplined Duration MBS Index Fund Trading Up 0.2%

NYSEARCA MBSD traded up $0.04 during trading hours on Wednesday, reaching $20.44. 2,843 shares of the company’s stock traded hands, compared to its average volume of 10,194. FlexShares Disciplined Duration MBS Index Fund has a 52-week low of $20.26 and a 52-week high of $21.10. The firm has a 50-day simple moving average of $20.51 and a 200 day simple moving average of $20.66.

Institutional Trading of FlexShares Disciplined Duration MBS Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC increased its position in shares of FlexShares Disciplined Duration MBS Index Fund by 306.8% during the 2nd quarter. Jane Street Group LLC now owns 93,333 shares of the company’s stock valued at $1,932,000 after purchasing an additional 70,389 shares during the last quarter. 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 acquiring an additional 11,357 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of FlexShares Disciplined Duration MBS Index Fund by 22.4% during the 3rd quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock valued at $828,000 after acquiring an additional 7,256 shares during the period. Sanctuary Advisors LLC grew its position in shares of FlexShares Disciplined Duration MBS Index Fund by 7.6% during the 4th quarter. Sanctuary Advisors LLC now owns 63,625 shares of the company’s stock valued at $1,322,000 after acquiring an additional 4,484 shares during the period. Finally, Cornerstone National Bank & Trust Co increased its stake in shares of FlexShares Disciplined Duration MBS Index Fund by 4.9% in the 4th quarter. Cornerstone National Bank & Trust Co now owns 674,362 shares of the company’s stock worth $14,010,000 after purchasing an additional 31,564 shares in the last quarter.

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.