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 recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 43,487 shares, a decline of 20.4% from the December 31st total of 54,628 shares. Based on an average daily volume of 456,140 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 456,140 shares, the short-interest ratio is presently 0.1 days.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA:TDTT traded up $0.01 during trading hours on Friday, reaching $24.18. 189,429 shares of the company were exchanged, compared to its average volume of 347,956. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 52-week low of $23.83 and a 52-week high of $24.51. The stock has a 50 day simple moving average of $24.10 and a 200 day simple moving average of $24.23.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TDTT. Rock Creek Group LP bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at about $50,000. CX Institutional acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth about $55,000. Bessemer Group Inc. purchased a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter valued at $63,000. Morgan Dempsey Capital Management LLC acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter worth approximately $119,000. Finally, IFP Advisors Inc bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at about $121,000.

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.