FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Stock Short Interest Report for October

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 260,598 shares, a growth of 465.9% from the September 30th total of 46,048 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 488,872 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of TDTF. Farmers National Bank boosted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 12.3% in the 1st quarter. Farmers National Bank now owns 951,855 shares of the company’s stock valued at $22,949,000 after purchasing an additional 104,459 shares during the period. Bank of New York Mellon Corp boosted its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 43.1% during the first quarter. Bank of New York Mellon Corp now owns 463,927 shares of the company’s stock valued at $11,185,000 after buying an additional 139,637 shares during the period. Kendall Capital Management raised its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 15.8% in the 3rd quarter. Kendall Capital Management now owns 268,883 shares of the company’s stock valued at $6,098,000 after acquiring an additional 36,636 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the 3rd quarter valued at about $61,000.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Up 0.2%

Shares of TDTF traded up $0.04 during midday trading on Thursday, hitting $23.14. 147,378 shares of the company traded hands, compared to its average volume of 201,161. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a one year low of $22.63 and a one year high of $24.41. The stock has a 50-day moving average of $23.01 and a 200-day moving average of $23.71.

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.