FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Short Interest Update

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

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

TLTD traded up $0.28 during mid-day trading on Friday, hitting $101.48. The stock had a trading volume of 2,488 shares, compared to its average volume of 16,601. The stock’s fifty day simple moving average is $97.77 and its 200-day simple moving average is $95.99. The firm has a market capitalization of $649.45 million, a price-to-earnings ratio of 13.36 and a beta of 0.75. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a 1-year low of $79.85 and a 1-year high of $105.06.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the fourth quarter worth $86,000. Vestor Capital LLC raised its holdings 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 during the period. Captrust Financial Advisors acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter worth $220,000. 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 worth $548,000 after purchasing an additional 4,487 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% in the third quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock worth $711,000 after purchasing 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.