FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Update

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a large decline in short interest in the month of 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. Based on an average daily trading volume, of 239,855 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 239,855 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Rock Creek Group LP purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth approximately $50,000. CX Institutional purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at $55,000. Park National Corp OH raised its position in 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 valued at $2,938,000 after buying an additional 2,344 shares during the period. Bessemer Group Inc. acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at $63,000. Finally, Lynx Investment Advisory lifted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 12.6% in the 3rd quarter. Lynx Investment Advisory now owns 37,322 shares of the company’s stock worth $908,000 after acquiring an additional 4,190 shares in the last quarter.

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

Shares of NYSEARCA:TDTT traded up $0.02 on Thursday, reaching $24.19. 289,015 shares of the company’s stock were exchanged, compared to its average volume of 327,218. The business’s 50-day moving average is $24.09 and its two-hundred day moving average is $24.23. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a fifty-two week low of $23.83 and a fifty-two week 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.