FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Sees Significant Decrease in Short Interest

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 11,285 shares, a decrease of 79.4% from the October 15th total of 54,825 shares. Based on an average trading volume of 536,245 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC grew its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 14.3% in the 2nd quarter. CoreCap Advisors LLC now owns 33,820 shares of the company’s stock valued at $809,000 after buying an additional 4,219 shares during the last quarter. SVB Wealth LLC purchased a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 2nd quarter worth $239,000. Park National Corp OH raised its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 11.9% during the 3rd quarter. Park National Corp OH now owns 70,052 shares of the company’s stock worth $1,627,000 after buying an additional 7,476 shares during the last quarter. Lynx Investment Advisory raised its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 8.0% during the 3rd quarter. Lynx Investment Advisory now owns 75,167 shares of the company’s stock worth $1,746,000 after buying an additional 5,579 shares during the last quarter. Finally, Wedbush Securities Inc. raised its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 3.2% during the 2nd quarter. Wedbush Securities Inc. now owns 16,906 shares of the company’s stock worth $404,000 after buying an additional 521 shares during the last quarter.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock traded down $0.04 during mid-day trading on Thursday, reaching $23.27. 110,170 shares of the company’s stock were exchanged, compared to its average volume of 291,165. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a twelve month low of $23.17 and a twelve month high of $24.46. The company has a fifty day moving average of $23.39 and a 200-day moving average of $23.87.

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.