Short Interest in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) Declines By 71.9%

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 26,618 shares, a drop of 71.9% from the March 15th total of 94,603 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 239,009 shares, the short-interest ratio is currently 0.1 days.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Price Performance

Shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock remained flat at $24.27 during trading hours on Friday. The stock had a trading volume of 96,352 shares, compared to its average volume of 283,896. The stock has a fifty day moving average of $24.22 and a 200 day moving average of $24.20. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a 12 month low of $23.83 and a 12 month high of $24.51.

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.0499 per share. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 2.5%.

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

Several large investors have recently modified their holdings of the business. Rock Creek Group LP acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at about $50,000. CX Institutional acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at about $55,000. Park National Corp OH grew its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 2.0% during the fourth quarter. Park National Corp OH now owns 122,106 shares of the company’s stock valued at $2,938,000 after acquiring an additional 2,344 shares in the last quarter. Bessemer Group Inc. acquired a new stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund during the third quarter valued at about $63,000. Finally, Lynx Investment Advisory grew its stake in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 12.6% during the third quarter. Lynx Investment Advisory now owns 37,322 shares of the company’s stock valued at $908,000 after acquiring an additional 4,190 shares in the last quarter.

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.