Short Interest in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Decreases By 24.3%

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 81,767 shares, a decrease of 24.3% from the December 15th total of 107,963 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 171,767 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 171,767 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA TDTF traded down $0.04 on Friday, hitting $23.96. 273,366 shares of the company’s stock were exchanged, compared to its average volume of 131,851. The firm’s 50-day moving average price is $24.07 and its two-hundred day moving average price is $24.17. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a fifty-two week low of $23.28 and a fifty-two week high of $24.49.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Kendall Capital Management lifted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% in the fourth quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock valued at $4,419,000 after acquiring an additional 23,566 shares during the period. Farmers National Bank increased its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 49.5% in the 3rd quarter. Farmers National Bank now owns 718,601 shares of the company’s stock valued at $17,440,000 after purchasing an additional 237,864 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% in the third quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock valued at $18,022,000 after purchasing an additional 52,405 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the third quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock valued at $88,000 after purchasing an additional 745 shares during the period. Finally, Cheviot Value Management LLC boosted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 30.2% during the third quarter. Cheviot Value Management LLC now owns 1,217,901 shares of the company’s stock worth $29,644,000 after buying an additional 282,187 shares in the last quarter.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile

The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) is an exchange-traded fund that is based on the iBoxx 5-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with a targeted duration of roughly five years. TDTF was launched on Sep 19, 2011 and is managed by FlexShares.