Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Declines By 60.3%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 17,251 shares, a decline of 60.3% from the January 15th total of 43,487 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 239,855 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 239,855 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

Shares of NYSEARCA:TDTT traded up $0.01 during mid-day trading on Friday, hitting $24.20. 201,053 shares of the company traded hands, compared to its average volume of 323,012. The firm’s 50 day simple moving average is $24.10 and its 200 day simple moving average is $24.23. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 52-week low of $23.83 and a 52-week high of $24.51.

Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC boosted its holdings 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 worth $10,144,000 after purchasing an additional 384,039 shares during the period. Horizon Bancorp Inc. IN boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.0% in the 3rd quarter. Horizon Bancorp Inc. IN now owns 346,313 shares of the company’s stock valued at $8,426,000 after buying an additional 22,714 shares during the period. Lake Street Private Wealth LLC lifted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.8% in the third quarter. Lake Street Private Wealth LLC now owns 172,116 shares of the company’s stock valued at $4,188,000 after buying an additional 7,912 shares during the last quarter. Park National Corp OH grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the fourth quarter. Park National Corp OH now owns 122,106 shares of the company’s stock worth $2,938,000 after acquiring an additional 2,344 shares during the last quarter. Finally, Rossby Financial LCC bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter worth about $1,447,000.

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.