FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Down 20.4% in January

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 43,487 shares, a drop of 20.4% from the December 31st total of 54,628 shares. Based on an average daily trading volume, of 456,140 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 456,140 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several large investors have recently made changes to their positions in the company. Rock Creek Group LP acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $50,000. CX Institutional bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter worth $55,000. Park National Corp OH raised its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the fourth quarter. Park National Corp OH now owns 122,106 shares of the company’s stock valued at $2,938,000 after purchasing an additional 2,344 shares in the last quarter. Bessemer Group Inc. bought a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at about $63,000. Finally, Lynx Investment Advisory increased its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 12.6% during the 3rd quarter. Lynx Investment Advisory now owns 37,322 shares of the company’s stock valued at $908,000 after buying an additional 4,190 shares during the period.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

Shares of TDTT traded up $0.02 during midday trading on Tuesday, hitting $24.15. 155,446 shares of the stock traded hands, compared to its average volume of 329,110. The business’s 50 day moving average price is $24.10 and its two-hundred day moving average price is $24.23. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 1-year low of $23.83 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.