FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Short Interest Up 371.7% in December

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a large 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 short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 311,290 shares, the short-interest ratio is currently 0.2 days.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Performance

NYSEARCA:TDTT traded up $0.01 during trading hours on Wednesday, hitting $24.10. The company’s stock had a trading volume of 325,990 shares, compared to its average volume of 257,561. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a twelve month low of $23.71 and a twelve month high of $24.51. The stock has a fifty day simple moving average of $24.13 and a 200-day simple moving average of $24.23.

Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

A number of institutional investors have recently added to or reduced their stakes in TDTT. American National Bank & Trust bought a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the second quarter worth $261,000. Morgan Dempsey Capital Management LLC bought a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the 2nd quarter worth approximately $119,000. Whittier Trust Co. acquired a new stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter valued at $484,000. Dorsey & Whitney Trust CO LLC raised its position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 23.1% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 26,653 shares of the company’s stock worth $646,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the 2nd quarter worth approximately $797,000.

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.