FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Short Interest Up 2,988.2% in May

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 20,969 shares, a growth of 2,988.2% from the April 30th total of 679 shares. Based on an average daily volume of 10,838 shares, the short-interest ratio is presently 1.9 days. Currently, 0.3% of the shares of the stock are sold short.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Trading Down 0.0%

NYSEARCA:TLTD traded down $0.04 during mid-day trading on Wednesday, hitting $101.47. The company’s stock had a trading volume of 4,750 shares, compared to its average volume of 16,878. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a fifty-two week low of $79.85 and a fifty-two week high of $105.06. The company has a market capitalization of $649.41 million, a price-to-earnings ratio of 13.36 and a beta of 0.75. The stock has a fifty day moving average of $97.64 and a 200-day moving average of $95.91.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% in the third quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock worth $2,748,000 after purchasing an additional 16,591 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 8,503 shares of the company’s stock worth $789,000 after purchasing an additional 492 shares in the last quarter. BOKF NA raised 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 purchasing an additional 4,487 shares in the last quarter. Captrust Financial Advisors acquired a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter worth about $220,000. Finally, Vestor Capital LLC raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 238.0% in the fourth quarter. Vestor Capital LLC now owns 1,646 shares of the company’s stock worth $153,000 after purchasing an additional 1,159 shares in the last quarter.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

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.