FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Update

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 20,167 shares, a decrease of 87.0% from the July 15th total of 154,631 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 216,141 shares, the short-interest ratio is presently 0.1 days.

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

Shares of NYSEARCA:TDTT traded up $0.02 during mid-day trading on Wednesday, reaching $23.55. 156,134 shares of the stock were exchanged, compared to its average volume of 236,971. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a one year low of $23.51 and a one year high of $24.51. The stock’s 50 day simple moving average is $23.77 and its 200-day simple moving average is $24.08.

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

Several hedge funds have recently made changes to their positions in the business. Horizon Investments LLC lifted its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3,225.8% in the fourth quarter. Horizon Investments LLC now owns 7,084 shares of the company’s stock worth $170,000 after purchasing an additional 6,871 shares in the last quarter. BOKF NA boosted its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 113.5% during the 3rd quarter. BOKF NA now owns 8,433 shares of the company’s stock worth $205,000 after acquiring an additional 4,484 shares during the period. Bessemer Group Inc. raised its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% in the 1st quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock valued at $210,000 after acquiring an additional 6,697 shares during the period. Virtue Capital Management LLC acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter valued at $253,000. Finally, CoreCap Advisors LLC lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 14.3% during the 2nd quarter. CoreCap Advisors LLC now owns 33,820 shares of the company’s stock valued at $809,000 after purchasing an additional 4,219 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.