FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (NYSEARCA:TDTT – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 54,825 shares, a decrease of 90.6% from the September 30th total of 584,324 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 535,655 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wedbush Securities Inc. increased its stake in 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 worth $404,000 after purchasing an additional 521 shares in the last quarter. CoreCap Advisors LLC increased its stake 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 worth $809,000 after purchasing an additional 4,219 shares during the last quarter. Bessemer Group Inc. raised its stake in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 343.6% in the first quarter. Bessemer Group Inc. now owns 8,646 shares of the company’s stock valued at $210,000 after buying an additional 6,697 shares during the period. Park National Corp OH lifted its holdings in FlexShares iBoxx 3 Year Target Duration TIPS Index Fund by 11.9% during the 3rd quarter. Park National Corp OH now owns 70,052 shares of the company’s stock valued at $1,627,000 after purchasing an additional 7,476 shares during the last quarter. Finally, SVB Wealth LLC acquired a new position in shares of FlexShares iBoxx 3 Year Target Duration TIPS Index Fund in the second quarter valued at $239,000.
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund Stock Down 0.0%
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund stock traded down $0.01 on Tuesday, reaching $23.52. 57,832 shares of the stock were exchanged, compared to its average volume of 286,729. The firm has a fifty day moving average price of $23.42 and a two-hundred day moving average price of $23.91. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund has a twelve month low of $23.17 and a twelve month high of $24.46.
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.
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