Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Decreases By 60.3%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 17,251 shares, a decline of 60.3% from the January 15th total of 43,487 shares. Based on an average trading volume of 239,855 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 239,855 shares, the short-interest ratio is currently 0.1 days.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA:TDTT traded up $0.02 during mid-day trading on Thursday, hitting $24.19. The company’s stock had a trading volume of 289,015 shares, compared to its average volume of 327,218. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a fifty-two week low of $23.83 and a fifty-two week high of $24.51. The stock has a fifty day moving average of $24.09 and a 200-day moving average of $24.23.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Rock Creek Group LP acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at $50,000. CX Institutional bought a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at $55,000. Park National Corp OH lifted its holdings 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 acquiring an additional 2,344 shares during the period. Bessemer Group Inc. acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at $63,000. Finally, Lynx Investment Advisory grew its holdings in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 12.6% in the 3rd quarter. Lynx Investment Advisory now owns 37,322 shares of the company’s stock worth $908,000 after purchasing an additional 4,190 shares during 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.