FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Update

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 13,751 shares, a decline of 82.0% from the May 14th total of 76,556 shares. Based on an average trading volume of 227,972 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Hedge funds have recently added to or reduced their stakes in the company. Horizon Investments LLC raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the 4th quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after acquiring an additional 6,871 shares during the last quarter. Rossby Financial LCC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter worth approximately $1,447,000. Dorsey & Whitney Trust CO LLC raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock worth $882,000 after acquiring an additional 10,000 shares during the last quarter. Virtue Capital Management LLC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter worth approximately $253,000. Finally, BOKF NA raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock worth $205,000 after acquiring an additional 4,484 shares during the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

NYSEARCA TDTT remained flat at $23.95 during mid-day trading on Wednesday. 89,031 shares of the company were exchanged, compared to its average volume of 250,608. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 52 week low of $23.93 and a 52 week high of $24.51. The business’s 50-day moving average price is $24.26 and its two-hundred day moving average price is $24.19.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

The FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) is an exchange-traded fund that is based on the iBoxx 3-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with maturity dates of 1-10 years. TDTT was launched on Sep 19, 2011 and is managed by FlexShares.