FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Update

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 31,300 shares, agrowthof133.6% from the June 30th total of 13,400 shares. Based on an average daily trading volume, of 147,200 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 147,200 shares, the short-interest ratio is presently 0.2 days.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Trading Down 0.1%

Shares of TDTF opened at $24.15 on Thursday. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 52 week low of $23.16 and a 52 week high of $24.28. The stock has a fifty day moving average of $23.95 and a 200-day moving average of $23.86.

Institutional Investors Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisors Preferred LLC bought a new position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund in the second quarter valued at about $167,000. Greenleaf Trust increased its stake in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 17.4% in the second quarter. Greenleaf Trust now owns 11,998 shares of the company’s stock valued at $289,000 after buying an additional 1,775 shares during the period. Kendall Capital Management raised its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.4% in the 2nd quarter. Kendall Capital Management now owns 160,762 shares of the company’s stock valued at $3,871,000 after buying an additional 11,062 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 16,107.8% in the 1st quarter. Jones Financial Companies Lllp now owns 41,492 shares of the company’s stock valued at $1,041,000 after buying an additional 41,236 shares during the last quarter. Finally, Betterment LLC boosted its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 4.8% during the 1st quarter. Betterment LLC now owns 9,552 shares of the company’s stock worth $232,000 after buying an additional 441 shares during the period.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Company Profile

The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) is an exchange-traded fund that is based on the iBoxx 5-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with a targeted duration of roughly five years. TDTF was launched on Sep 19, 2011 and is managed by FlexShares.