Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Decreases By 20.4%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant decline in short interest in 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 456,140 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 456,140 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA TDTT traded down $0.05 during trading hours on Monday, hitting $24.13. 171,099 shares of the company’s stock traded hands, compared to its average volume of 339,533. 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 business’s fifty day moving average price is $24.10 and its two-hundred day moving average price is $24.23.

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

Several institutional investors have recently bought and sold shares of TDTT. Dorsey & Whitney Trust CO LLC increased its holdings 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 acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter valued at $797,000. CoreCap Advisors LLC increased its stake 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 purchasing an additional 5,703 shares during the period. CX Institutional purchased a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth approximately $55,000. Finally, Horizon Bancorp Inc. IN increased its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.0% during the third quarter. Horizon Bancorp Inc. IN now owns 346,313 shares of the company’s stock worth $8,426,000 after acquiring an additional 22,714 shares during the period.

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.