FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Down 78.4% in August

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,361 shares, a drop of 78.4% from the July 30th total of 20,167 shares. Based on an average trading volume of 191,782 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

Several institutional investors have recently made changes to their positions in the stock. Horizon Bancorp Inc. IN grew its position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 7.1% during the first 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. Rossby Financial LCC acquired a new position in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 4th quarter valued at $1,447,000. Dorsey & Whitney Trust CO LLC raised its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 37.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,653 shares of the company’s stock valued at $882,000 after acquiring an additional 10,000 shares in the last quarter. CoreCap Advisors LLC lifted its position in shares of 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 acquiring an additional 4,219 shares during the period. Finally, Wedbush Securities Inc. lifted its position in shares of 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 valued at $404,000 after acquiring an additional 521 shares during the period.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock traded down $0.07 during midday trading on Friday, hitting $23.52. The company’s stock had a trading volume of 205,122 shares, compared to its average volume of 237,917. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 1-year low of $23.51 and a 1-year high of $24.51. The company has a 50-day moving average price of $23.68 and a two-hundred day moving average price of $24.03.

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.