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) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 27,282 shares, a drop of 21.4% from the February 26th total of 34,723 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 21,911 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of TLTD. JPMorgan Chase & Co. raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.2% during the 2nd 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 last quarter. CoreCap Advisors LLC lifted its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.1% during the 3rd quarter. CoreCap Advisors LLC now owns 2,899 shares of the company’s stock worth $257,000 after buying an additional 358 shares during the period. Integrated Wealth Concepts LLC grew its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock valued at $711,000 after buying an additional 404 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 4th quarter valued at about $86,000. Finally, Vestor Capital LLC increased its stake 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 buying an additional 1,159 shares during the period.

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

TLTD opened at $91.06 on Friday. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a fifty-two week low of $66.11 and a fifty-two week high of $105.06. The firm has a market capitalization of $582.78 million, a price-to-earnings ratio of 13.36 and a beta of 0.82. The company’s 50 day moving average price is $97.68 and its two-hundred day moving average price is $93.03.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 20th were issued a dividend of $0.1332 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, March 20th.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

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.