FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) Short Interest Update

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 20,669 shares, a drop of 15.5% from the March 15th total of 24,464 shares. Based on an average daily trading volume, of 6,129 shares, the days-to-cover ratio is presently 3.4 days. Approximately 0.4% of the shares of the stock are short sold.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Trading Up 1.9%

Shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock traded up $1.36 during trading on Friday, reaching $74.55. The company’s stock had a trading volume of 7,331 shares, compared to its average volume of 7,787. The stock has a 50-day moving average price of $70.12 and a two-hundred day moving average price of $66.87. The stock has a market capitalization of $352.62 million, a P/E ratio of 12.06 and a beta of 0.62. FlexShares Morningstar Emerging Markets Factor Tilt Index Fund has a one year low of $50.26 and a one year high of $75.09.

Hedge Funds Weigh In On FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

An institutional investor recently raised its position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund stock. CoreCap Advisors LLC lifted its stake in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) by 26.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,625 shares of the company’s stock after purchasing an additional 344 shares during the period. CoreCap Advisors LLC’s holdings in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund were worth $103,000 at the end of the most recent reporting period.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Company Profile

The FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from emerging market countries. The index underweights large-cap and growth stocks in favor of small-cap and value stocks. TLTE was launched on Sep 28, 2012 and is managed by FlexShares.