FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) Sees Large Decrease in Short Interest

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,663 shares, a decrease of 62.5% from the December 15th total of 12,439 shares. Based on an average trading volume of 5,360 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 5,360 shares, the days-to-cover ratio is presently 0.9 days.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Stock Up 0.8%

TLTE stock traded up $0.55 during midday trading on Thursday, reaching $67.57. The stock had a trading volume of 87,349 shares, compared to its average volume of 13,545. The business has a fifty day simple moving average of $64.46 and a two-hundred day simple moving average of $62.64. The firm has a market cap of $304.07 million, a price-to-earnings ratio of 12.06 and a beta of 0.65. FlexShares Morningstar Emerging Markets Factor Tilt Index Fund has a twelve month low of $43.81 and a twelve month high of $67.94.

Institutional Investors Weigh In On FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

Institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC raised its stake in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 26.9% during the third quarter. CoreCap Advisors LLC now owns 1,625 shares of the company’s stock worth $103,000 after buying an additional 344 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 8,924.1% during the 1st quarter. Jones Financial Companies Lllp now owns 2,617 shares of the company’s stock worth $137,000 after acquiring an additional 2,588 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund during the 2nd quarter valued at $2,600,000. Finally, Sageworth Trust Co bought a new stake in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund during the 2nd quarter valued at $6,135,000.

About FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

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.