FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Up 370.6% in June

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 64,710 shares, an increase of 370.6% from the May 31st total of 13,751 shares. Based on an average daily trading volume, of 178,939 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rock Creek Group LP acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 3rd quarter worth about $50,000. BOKF NA raised its position in shares of 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 valued at $205,000 after buying an additional 4,484 shares during the last quarter. Flow Traders U.S. LLC lifted its stake in shares of 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 buying an additional 384,039 shares during the period. IFP Advisors Inc acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $121,000. Finally, Park National Corp OH grew its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% in the 4th quarter. Park National Corp OH now owns 122,106 shares of the company’s stock worth $2,938,000 after acquiring an additional 2,344 shares during the period.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

Shares of TDTT traded up $0.03 on Friday, reaching $23.91. The stock had a trading volume of 90,729 shares, compared to its average volume of 246,421. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a twelve month low of $23.82 and a twelve month high of $24.51. The firm has a 50-day moving average of $24.16 and a 200 day moving average of $24.16.

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.