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

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,169 shares, a decline of 37.1% from the June 30th total of 3,447 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 9,650 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.2% during the second quarter. JPMorgan Chase & Co. now owns 14,373 shares of the company’s stock worth $1,200,000 after purchasing an additional 171 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of 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 valued at $711,000 after purchasing an additional 404 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the fourth quarter valued at approximately $86,000. Vestor Capital LLC grew its holdings in shares of 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 valued at $153,000 after purchasing an additional 1,159 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at approximately $220,000.

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

Shares of NYSEARCA TLTD traded down $0.60 during trading on Friday, reaching $101.15. The stock had a trading volume of 6,443 shares, compared to its average volume of 13,952. The company has a market cap of $667.59 million, a P/E ratio of 13.36 and a beta of 0.75. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a fifty-two week low of $82.23 and a fifty-two week high of $105.06. The business’s 50-day moving average price is $99.59 and its 200-day moving average price is $98.51.

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.