FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Up 79.9% in February

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 59,502 shares, a growth of 79.9% from the February 12th total of 33,083 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 129,642 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 129,642 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Down 0.1%

NYSEARCA TDTF opened at $24.21 on Friday. The company’s 50 day simple moving average is $24.13 and its 200 day simple moving average is $24.18. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 12 month low of $23.28 and a 12 month high of $24.49.

Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Several hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock valued at $88,000 after buying an additional 745 shares during the period. Rock Creek Group LP acquired a new stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 2nd quarter worth $149,000. Betterment LLC lifted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% during the fourth quarter. Betterment LLC now owns 10,304 shares of the company’s stock worth $247,000 after acquiring an additional 900 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 58.4% during the second quarter. Flow Traders U.S. LLC now owns 137,601 shares of the company’s stock worth $3,313,000 after acquiring an additional 50,706 shares in the last quarter. Finally, Kendall Capital Management grew its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% in the fourth quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock valued at $4,419,000 after acquiring 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.