FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Large Increase in Short Interest

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 35,742 shares, a growth of 107.2% from the January 29th total of 17,251 shares. Based on an average daily volume of 273,162 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 273,162 shares, the short-interest ratio is currently 0.1 days.

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

Several large investors have recently modified their holdings of TDTT. Dorsey & Whitney Trust CO LLC lifted its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 23.1% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 26,653 shares of the company’s stock worth $646,000 after buying an additional 5,000 shares during the last quarter. Flow Traders U.S. LLC bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 2nd quarter valued at about $797,000. CoreCap Advisors LLC lifted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 38.9% during the third quarter. CoreCap Advisors LLC now owns 20,358 shares of the company’s stock worth $495,000 after acquiring an additional 5,703 shares during the last quarter. CX Institutional bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $55,000. Finally, Horizon Bancorp Inc. IN grew its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.0% in the third quarter. Horizon Bancorp Inc. IN now owns 346,313 shares of the company’s stock valued at $8,426,000 after purchasing an additional 22,714 shares during the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

NYSEARCA TDTT traded up $0.03 during trading on Friday, reaching $24.28. 63,758 shares of the company’s stock were exchanged, compared to its average volume of 305,308. 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. The business has a 50 day moving average price of $24.11 and a 200-day moving average price of $24.22.

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.