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

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 23,168 shares, a decrease of 46.5% from the February 12th total of 43,324 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 11,799 shares, the days-to-cover ratio is currently 2.0 days. Based on an average trading volume of 11,799 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Trading of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

Hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC boosted its position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 26.9% during the 3rd quarter. CoreCap Advisors LLC now owns 1,625 shares of the company’s stock valued at $103,000 after purchasing an additional 344 shares during the period. Jones Financial Companies Lllp lifted its stake in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 8,924.1% in the first quarter. Jones Financial Companies Lllp now owns 2,617 shares of the company’s stock valued at $137,000 after buying an additional 2,588 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund during the second quarter valued at $2,600,000.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Trading Down 2.7%

TLTE traded down $1.86 on Thursday, hitting $67.82. 8,296 shares of the company’s stock were exchanged, compared to its average volume of 9,133. The stock has a fifty day moving average of $69.69 and a two-hundred day moving average of $65.65. FlexShares Morningstar Emerging Markets Factor Tilt Index Fund has a twelve month low of $43.81 and a twelve month high of $74.85. The firm has a market cap of $305.17 million, a PE ratio of 12.06 and a beta of 0.65.

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.