FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Shares Shorted: Short Interest Down 49.3% in September

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 46,048 shares, a decrease of 49.3% from the September 15th total of 90,763 shares. Based on an average trading volume of 325,658 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund during the third quarter worth approximately $61,000. Bank of New York Mellon Corp increased its position 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 worth $11,185,000 after acquiring an additional 139,637 shares during the period. Finally, Farmers National Bank raised its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.9% during the 4th quarter. Farmers National Bank now owns 847,396 shares of the company’s stock valued at $20,308,000 after purchasing an additional 128,795 shares during the last quarter.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Up 0.4%

Shares of NYSEARCA:TDTF traded up $0.08 during midday trading on Thursday, hitting $22.91. The company’s stock had a trading volume of 353,547 shares, compared to its average volume of 182,262. The stock’s 50 day simple moving average is $23.06 and its 200 day simple moving average is $23.59. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a fifty-two week low of $22.63 and a fifty-two week high of $24.41.

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.