FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Up 107.2% in February

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 35,742 shares, an increase of 107.2% from the January 29th total of 17,251 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 273,162 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 273,162 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Rock Creek Group LP bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at approximately $50,000. CX Institutional acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $55,000. Bessemer Group Inc. acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter valued at approximately $63,000. IFP Advisors Inc bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter worth $121,000. Finally, Horizon Investments LLC lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the fourth quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after purchasing an additional 6,871 shares in the last quarter.

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

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock traded up $0.03 during trading hours on Friday, hitting $24.28. The company’s stock had a trading volume of 63,758 shares, compared to its average volume of 305,308. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 12 month low of $23.83 and a 12 month high of $24.51. The stock has a 50 day moving average of $24.11 and a 200 day moving average of $24.22.

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.