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 growth in short interest in December. As of December 31st, there was short interest totaling 54,628 shares, a growth of 371.7% from the December 15th total of 11,580 shares. Based on an average daily trading volume, of 311,290 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 311,290 shares, the days-to-cover ratio is currently 0.2 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of TDTT. Rock Creek Group LP purchased a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter worth about $50,000. CX Institutional acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 3rd quarter valued at about $55,000. Bessemer Group Inc. purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the third quarter worth approximately $63,000. Morgan Dempsey Capital Management LLC purchased a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter worth approximately $119,000. Finally, IFP Advisors Inc acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter worth approximately $121,000.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock traded up $0.01 during trading on Tuesday, hitting $24.09. The stock had a trading volume of 123,354 shares, compared to its average volume of 232,835. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 1 year low of $23.62 and a 1 year high of $24.51. The stock has a 50 day simple moving average of $24.13 and a 200 day simple moving average of $24.23.

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.