FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Update

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 107,963 shares, a growth of 114.9% from the November 30th total of 50,237 shares. Based on an average trading volume of 131,528 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 131,528 shares, the short-interest ratio is currently 0.8 days.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA:TDTF opened at $23.96 on Monday. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 52-week low of $23.16 and a 52-week high of $24.49. The business’s fifty day moving average is $24.15 and its 200 day moving average is $24.16.

Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of TDTF. Jones Financial Companies Lllp boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% in the third quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock valued at $88,000 after acquiring an additional 745 shares during the period. Rock Creek Group LP bought a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the 2nd quarter valued at $149,000. Advisors Preferred LLC bought a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the 2nd quarter valued at $167,000. Betterment LLC grew its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 4.8% during the 1st quarter. Betterment LLC now owns 9,552 shares of the company’s stock valued at $232,000 after purchasing an additional 441 shares in the last quarter. Finally, Greenleaf Trust increased its holdings in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.4% in the second quarter. Greenleaf Trust now owns 11,998 shares of the company’s stock worth $289,000 after purchasing an additional 1,775 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.