Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Decreases By 87.0%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 20,167 shares, a drop of 87.0% from the July 15th total of 154,631 shares. Based on an average trading volume of 216,141 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

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

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock traded up $0.02 during trading on Thursday, reaching $23.56. 570,727 shares of the company’s stock were exchanged, compared to its average volume of 239,423. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 52-week low of $23.51 and a 52-week high of $24.51. The company’s 50-day moving average is $23.76 and its two-hundred day moving average is $24.07.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Horizon Bancorp Inc. IN grew its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% in the first quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock valued at $8,886,000 after acquiring an additional 24,279 shares in the last quarter. Rossby Financial LCC acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter valued at $1,447,000. Dorsey & Whitney Trust CO LLC increased 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 period. CoreCap Advisors LLC lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 14.3% in the 2nd quarter. CoreCap Advisors LLC now owns 33,820 shares of the company’s stock worth $809,000 after buying an additional 4,219 shares in the last quarter. Finally, Virtue Capital Management LLC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter valued at about $253,000.

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.