Short Interest in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Drops By 21.4%

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. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 21,911 shares, the short-interest ratio is currently 1.2 days.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Up 2.7%

Shares of TLTD stock traded up $2.47 on Tuesday, hitting $93.69. The company had a trading volume of 11,380 shares, compared to its average volume of 15,021. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a twelve month low of $66.11 and a twelve month high of $105.06. The firm has a market cap of $599.58 million, a P/E ratio of 13.36 and a beta of 0.82. The company has a 50-day moving average price of $97.59 and a 200-day moving average price of $93.08.

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

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

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vestor Capital LLC boosted its holdings 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 buying an additional 1,159 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the fourth quarter valued at $86,000. Integrated Wealth Concepts LLC increased its holdings in 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 buying an additional 404 shares in the last quarter. BOKF NA raised its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 266.0% in the third quarter. BOKF NA now owns 6,174 shares of the company’s stock worth $548,000 after acquiring an additional 4,487 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock worth $2,748,000 after acquiring an additional 16,591 shares in the last quarter.

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.