FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Large Growth in Short Interest

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,766 shares, an increase of 65.8% from the July 30th total of 1,668 shares. Based on an average daily volume of 5,097 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TLTD. JPMorgan Chase & Co. grew its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% during the third quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock valued at $2,748,000 after acquiring an additional 16,591 shares during the period. Greenleaf Trust acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 2nd quarter worth approximately $1,330,000. BOKF NA raised its holdings 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 valued at $548,000 after buying an additional 4,487 shares during the period. Captrust Financial Advisors purchased a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at approximately $220,000. Finally, Vestor Capital LLC lifted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 238.0% during the fourth 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 in the last quarter.

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

NYSEARCA:TLTD traded down $0.83 during trading hours on Tuesday, reaching $103.40. 4,173 shares of the company were exchanged, compared to its average volume of 12,734. The firm has a market cap of $682.44 million, a price-to-earnings ratio of 13.36 and a beta of 0.75. The stock has a 50 day simple moving average of $101.27 and a 200 day simple moving average of $99.51. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a 52-week low of $85.77 and a 52-week high of $105.58.

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.