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) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 20,167 shares, a decrease of 87.0% from the July 15th total of 154,631 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 216,141 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TDTT. Rossby Financial LCC acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the fourth quarter valued at approximately $1,447,000. Horizon Bancorp Inc. IN raised its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the first quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock worth $8,886,000 after acquiring an additional 24,279 shares during the period. Virtue Capital Management LLC acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the fourth quarter worth $253,000. Dorsey & Whitney Trust CO LLC lifted its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock valued at $882,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Horizon Investments LLC boosted its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the 4th quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after purchasing an additional 6,871 shares during the period.

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

TDTT traded up $0.02 during trading on Wednesday, reaching $23.55. 156,134 shares of the company’s stock were exchanged, compared to its average volume of 236,971. The business has a 50 day moving average price of $23.77 and a 200 day moving average price of $24.08. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a fifty-two week low of $23.51 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.