FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Down 46.6% in April

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 46,016 shares, a drop of 46.6% from the April 15th total of 86,119 shares. Based on an average daily volume of 163,269 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA:TDTT remained flat at $24.27 during trading hours on Monday. The company’s stock had a trading volume of 405,128 shares, compared to its average volume of 259,492. The company’s fifty day moving average is $24.29 and its 200 day moving average is $24.20. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 12-month low of $23.95 and a 12-month high of $24.51.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Flow Traders U.S. LLC lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 1,168.1% during the 3rd quarter. Flow Traders U.S. LLC now owns 416,916 shares of the company’s stock worth $10,144,000 after buying an additional 384,039 shares in the last quarter. Horizon Bancorp Inc. IN lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the 1st quarter. Horizon Bancorp Inc. IN now owns 366,585 shares of the company’s stock worth $8,886,000 after buying an additional 24,279 shares in the last quarter. Lake Street Private Wealth LLC lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 4.8% during the 3rd quarter. Lake Street Private Wealth LLC now owns 172,116 shares of the company’s stock worth $4,188,000 after buying an additional 7,912 shares in the last quarter. Park National Corp OH lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the 4th quarter. Park National Corp OH now owns 122,106 shares of the company’s stock worth $2,938,000 after buying an additional 2,344 shares in the last quarter. Finally, Rossby Financial LCC acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 4th quarter worth $1,447,000.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Company Profile

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.