FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Down 85.4% in December

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 11,580 shares, a decline of 85.4% from the November 30th total of 79,504 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 210,956 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 210,956 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

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

Several hedge funds and other institutional investors have recently made changes to their positions in TDTT. OLD Mission Capital LLC purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the first quarter worth approximately $471,000. Lynx Investment Advisory grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 12.8% during the 1st quarter. Lynx Investment Advisory now owns 32,812 shares of the company’s stock worth $800,000 after acquiring an additional 3,736 shares in the last quarter. Park National Corp OH grew its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 18.7% during the 2nd quarter. Park National Corp OH now owns 132,207 shares of the company’s stock worth $3,205,000 after acquiring an additional 20,867 shares in the last quarter. American National Bank & Trust purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 2nd quarter valued at approximately $261,000. Finally, Morgan Dempsey Capital Management LLC acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 2nd quarter valued at $119,000.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Up 0.1%

Shares of NYSEARCA TDTT traded up $0.03 during mid-day trading on Wednesday, hitting $24.03. The company had a trading volume of 244,972 shares, compared to its average volume of 387,758. The business’s 50-day simple moving average is $24.20 and its 200 day simple moving average is $24.24. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 1-year low of $23.54 and a 1-year high of $24.51.

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.