FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Up 188.9% in June

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 66,629 shares, an increase of 188.9% from the June 15th total of 23,062 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 201,152 shares, the short-interest ratio is presently 0.3 days.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Price Performance

TDTF traded down $0.05 during trading on Monday, reaching $23.48. The company’s stock had a trading volume of 131,483 shares, compared to its average volume of 158,742. The company’s fifty day moving average price is $23.89 and its 200-day moving average price is $24.05. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 52-week low of $22.93 and a 52-week high of $24.49.

Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Institutional investors have recently modified their holdings of the business. Farmers National Bank boosted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 12.3% in the first quarter. Farmers National Bank now owns 951,855 shares of the company’s stock valued at $22,949,000 after buying an additional 104,459 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% in the first quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock valued at $11,185,000 after acquiring an additional 139,637 shares during the period. Betterment LLC boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the 4th quarter. Betterment LLC now owns 10,304 shares of the company’s stock worth $247,000 after purchasing an additional 900 shares in the last quarter. Cheviot Value Management LLC boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 5.9% during the 4th quarter. Cheviot Value Management LLC now owns 1,290,146 shares of the company’s stock worth $31,047,000 after purchasing an additional 72,245 shares in the last quarter. Finally, Kendall Capital Management grew its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% during the 4th quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock worth $4,419,000 after purchasing an additional 23,566 shares during the period.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile

The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) is an exchange-traded fund that is based on the iBoxx 5-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with a targeted duration of roughly five years. TDTF was launched on Sep 19, 2011 and is managed by FlexShares.