FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Down 78.4% in August

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 4,361 shares, a decrease of 78.4% from the July 30th total of 20,167 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 191,782 shares, the short-interest ratio is currently 0.0 days.

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

TDTT stock opened at $23.62 on Wednesday. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 1-year low of $23.51 and a 1-year high of $24.51. The business’s 50-day moving average price is $23.69 and its two-hundred day moving average price is $24.04.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Horizon Investments LLC grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% during the fourth quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after buying an additional 6,871 shares in the last quarter. BOKF NA grew its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock worth $205,000 after acquiring an additional 4,484 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% during the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock worth $210,000 after acquiring an additional 6,697 shares in the last quarter. Virtue Capital Management LLC acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the fourth quarter valued at approximately $253,000. Finally, Wedbush Securities Inc. lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3.2% in the second quarter. Wedbush Securities Inc. now owns 16,906 shares of the company’s stock worth $404,000 after purchasing an additional 521 shares in the last quarter.

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.