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

Hedge Funds Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 4th quarter worth approximately $86,000. Vestor Capital LLC boosted its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 238.0% during the 4th quarter. Vestor Capital LLC now owns 1,646 shares of the company’s stock worth $153,000 after acquiring an additional 1,159 shares in the last quarter. Captrust Financial Advisors bought a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at approximately $220,000. CoreCap Advisors LLC increased its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.1% in the third quarter. CoreCap Advisors LLC now owns 2,899 shares of the company’s stock valued at $257,000 after acquiring an additional 358 shares during the last quarter. Finally, BOKF NA raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 266.0% during the third quarter. BOKF NA now owns 6,174 shares of the company’s stock valued at $548,000 after purchasing an additional 4,487 shares in the last quarter.

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

Shares of NYSEARCA:TLTD opened at $91.06 on Friday. The company has a market capitalization of $582.78 million, a PE ratio of 13.36 and a beta of 0.82. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has a 52 week low of $66.11 and a 52 week high of $105.06. The company has a 50 day moving average price of $97.68 and a two-hundred day moving average price of $93.03.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 20th were given a dividend of $0.1332 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.53 annualized dividend and a yield of 0.6%.

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.