Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Rises By 370.6%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 64,710 shares, a growth of 370.6% from the May 31st total of 13,751 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 178,939 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several institutional investors have recently modified their holdings of TDTT. Flow Traders U.S. LLC boosted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% in the third quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock valued at $10,144,000 after acquiring an additional 384,039 shares in the last quarter. Rossby Financial LCC purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter valued at about $1,447,000. Horizon Bancorp Inc. IN boosted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% in the 1st quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock valued at $8,886,000 after purchasing an additional 24,279 shares during the period. Virtue Capital Management LLC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth approximately $253,000. Finally, Dorsey & Whitney Trust CO LLC grew its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock worth $882,000 after buying an additional 10,000 shares during the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Trading Up 0.1%

Shares of TDTT traded up $0.03 during mid-day trading on Friday, reaching $23.91. The company’s stock had a trading volume of 90,729 shares, compared to its average volume of 246,421. The company’s 50 day moving average is $24.16 and its 200 day moving average is $24.16. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 12-month low of $23.82 and a 12-month high of $24.51.

About FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

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.