Short Interest in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Drops By 83.2%

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,447 shares, a drop of 83.2% from the June 15th total of 20,563 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 11,095 shares, the days-to-cover ratio is currently 0.3 days.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Price Performance

Shares of NYSEARCA TLTD traded up $0.70 during mid-day trading on Friday, reaching $99.32. The company’s stock had a trading volume of 1,277 shares, compared to its average volume of 15,044. The firm has a market capitalization of $655.51 million, a PE ratio of 13.36 and a beta of 0.75. The stock has a fifty day moving average of $99.83 and a two-hundred day moving average of $97.93. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a 52 week low of $82.23 and a 52 week high of $105.06.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC purchased a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the fourth quarter valued at approximately $86,000. Vestor Capital LLC raised its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 238.0% during the 4th quarter. Vestor Capital LLC now owns 1,646 shares of the company’s stock valued at $153,000 after buying an additional 1,159 shares during the period. Captrust Financial Advisors purchased a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 2nd quarter valued at $220,000. BOKF NA lifted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 266.0% in the third quarter. BOKF NA now owns 6,174 shares of the company’s stock worth $548,000 after buying an additional 4,487 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% during the third quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock worth $711,000 after buying an additional 404 shares during the period.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Company Profile

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.