Short Interest in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Declines By 14.0%

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 38,299 shares, a drop of 14.0% from the January 15th total of 44,548 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 10,577 shares, the days-to-cover ratio is currently 3.6 days. Based on an average daily volume of 10,577 shares, the days-to-cover ratio is currently 3.6 days. Currently, 0.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC grew its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 8,503 shares of the company’s stock worth $789,000 after buying an additional 492 shares during the period. Vestor Capital LLC lifted its stake 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 worth $153,000 after purchasing an additional 1,159 shares during the last quarter. Arlington Trust Co LLC acquired a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the fourth quarter worth $1,596,000. Harbour Trust & Investment Management Co boosted its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 4.2% in the 4th quarter. Harbour Trust & Investment Management Co now owns 137,781 shares of the company’s stock valued at $12,776,000 after buying an additional 5,610 shares during the period. Finally, Farther Finance Advisors LLC bought a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 4th quarter valued at about $86,000.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Trading Up 0.3%

TLTD stock opened at $101.50 on Thursday. The company has a market cap of $649.60 million, a PE ratio of 13.36 and a beta of 0.82. The stock has a 50-day moving average price of $96.03 and a two-hundred day moving average price of $91.13. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a 12-month low of $66.11 and a 12-month high of $102.47.

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.