Short Interest in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Decreases By 24.4%

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 44,957 shares, a drop of 24.4% from the February 26th total of 59,502 shares. Based on an average daily volume of 161,306 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Up 0.1%

Shares of TDTF stock opened at $23.97 on Friday. The firm’s 50 day moving average price is $24.15 and its two-hundred day moving average price is $24.17. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 52-week low of $23.28 and a 52-week high of $24.49.

Institutional Trading of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock valued at $88,000 after purchasing an additional 745 shares during the period. Betterment LLC raised its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 9.6% in the fourth quarter. Betterment LLC now owns 10,304 shares of the company’s stock valued at $247,000 after buying an additional 900 shares in the last quarter. Flow Traders U.S. LLC boosted its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 58.4% in the second quarter. Flow Traders U.S. LLC now owns 137,601 shares of the company’s stock valued at $3,313,000 after buying an additional 50,706 shares during the period. Kendall Capital Management grew its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 14.7% during the fourth quarter. Kendall Capital Management now owns 184,396 shares of the company’s stock worth $4,419,000 after buying an additional 23,566 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 323.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 690,149 shares of the company’s stock worth $16,621,000 after acquiring an additional 526,977 shares during the period.

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.