Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Drops By 82.0%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 13,751 shares, a decrease of 82.0% from the May 14th total of 76,556 shares. Based on an average daily volume of 227,972 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 Price Performance

NYSEARCA TDTT traded up $0.03 on Thursday, hitting $23.98. 196,416 shares of the stock traded hands, compared to its average volume of 250,120. The business’s fifty day moving average is $24.25 and its two-hundred day moving average is $24.19. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 12 month low of $23.93 and a 12 month high of $24.51.

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

Large investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% in the third quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock worth $10,144,000 after acquiring an additional 384,039 shares during the period. Bessemer Group Inc. boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% in the first quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock worth $210,000 after acquiring an additional 6,697 shares during the period. BOKF NA boosted its holdings 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 worth $205,000 after acquiring an additional 4,484 shares during the period. Rossby Financial LCC bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the fourth quarter worth $1,447,000. Finally, Dorsey & Whitney Trust CO LLC boosted its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock worth $882,000 after acquiring an additional 10,000 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.