FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Update

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 46,016 shares, a decline of 46.6% from the April 15th total of 86,119 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 163,269 shares, the short-interest ratio is currently 0.3 days.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA TDTT traded down $0.02 on Friday, hitting $24.27. The stock had a trading volume of 100,771 shares, compared to its average volume of 257,927. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 52-week low of $23.95 and a 52-week high of $24.51. The firm has a 50-day moving average of $24.29 and a 200-day moving average of $24.20.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. BOKF NA increased its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% in the 3rd 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 last quarter. Bessemer Group Inc. raised its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% in the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock valued at $210,000 after acquiring an additional 6,697 shares in the last quarter. Horizon Bancorp Inc. IN boosted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the 1st quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock valued at $8,886,000 after acquiring an additional 24,279 shares during the last quarter. Horizon Investments LLC boosted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% during the 4th quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock valued at $170,000 after acquiring an additional 6,871 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 24.3% during the fourth quarter. CoreCap Advisors LLC now owns 25,298 shares of the company’s stock worth $609,000 after purchasing an additional 4,940 shares in the last quarter.

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.