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

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 1,240 shares, a decline of 51.8% from the September 30th total of 2,571 shares. Based on an average daily volume of 3,475 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Greenleaf Trust acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,284 shares of the company’s stock, valued at approximately $1,330,000. Greenleaf Trust owned 0.23% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund as of its most recent SEC filing.

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

Shares of TLTD stock traded down $1.11 during trading hours on Friday, reaching $99.42. 22,773 shares of the company’s stock were exchanged, compared to its average volume of 11,143. The company has a market cap of $656.17 million, a P/E ratio of 13.36 and a beta of 0.76. The company’s 50 day moving average is $101.91 and its two-hundred day moving average is $99.74. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a 1 year low of $86.59 and a 1 year high of $105.60.

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.