FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) Short Interest Update

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 43,324 shares, a growth of 30.6% from the January 29th total of 33,170 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 9,585 shares, the short-interest ratio is currently 4.5 days. Based on an average daily volume of 9,585 shares, the short-interest ratio is currently 4.5 days. Approximately 1.0% of the shares of the company are sold short.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Stock Performance

Shares of NYSEARCA TLTE traded down $1.32 during midday trading on Monday, hitting $72.83. 2,811 shares of the company’s stock traded hands, compared to its average volume of 9,780. The firm has a fifty day moving average of $68.72 and a 200 day moving average of $65.17. FlexShares Morningstar Emerging Markets Factor Tilt Index Fund has a 1 year low of $43.81 and a 1 year high of $74.85. The stock has a market capitalization of $327.74 million, a price-to-earnings ratio of 12.06 and a beta of 0.65.

Hedge Funds Weigh In On FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

A number of hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC increased its position in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 26.9% in the third quarter. CoreCap Advisors LLC now owns 1,625 shares of the company’s stock worth $103,000 after purchasing an additional 344 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of 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 valued at $137,000 after buying an additional 2,588 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund during the 2nd quarter valued at about $2,600,000.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Company Profile

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.