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 large decline in short interest in the month of December. As of December 15th, there was short interest totaling 11,580 shares, a decline of 85.4% from the November 30th total of 79,504 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 210,956 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 210,956 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

Shares of NYSEARCA TDTT traded up $0.01 during midday trading on Friday, hitting $24.04. 114,344 shares of the company’s stock traded hands, compared to its average volume of 386,650. The firm has a fifty day moving average of $24.18 and a 200 day moving average of $24.23. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 1 year low of $23.55 and a 1 year high of $24.51.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter valued at $121,000. Flow Traders U.S. LLC grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% during the third quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock valued at $10,144,000 after purchasing an additional 384,039 shares during the period. BOKF NA increased its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the third quarter. BOKF NA now owns 8,433 shares of the company’s stock worth $205,000 after buying an additional 4,484 shares in the last quarter. Rock Creek Group LP bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter worth about $50,000. Finally, Lake Street Private Wealth LLC raised its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.8% in the third quarter. Lake Street Private Wealth LLC now owns 172,116 shares of the company’s stock worth $4,188,000 after buying an additional 7,912 shares during the period.

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.