FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) Short Interest Down 33.6% in December

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 12,439 shares, a drop of 33.6% from the November 30th total of 18,743 shares. Based on an average trading volume of 3,353 shares, the days-to-cover ratio is currently 3.7 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 3,353 shares, the days-to-cover ratio is currently 3.7 days.

Institutional Investors Weigh In On FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

Several large investors have recently added to or reduced their stakes in TLTE. Sageworth Trust Co acquired a new stake in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund during the 2nd quarter worth approximately $6,135,000. Flow Traders U.S. LLC acquired a new position in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in the second quarter worth $2,600,000. Jones Financial Companies Lllp increased its position in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 8,924.1% during the first quarter. Jones Financial Companies Lllp now owns 2,617 shares of the company’s stock worth $137,000 after acquiring an additional 2,588 shares during the period. Finally, CoreCap Advisors LLC increased its position in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 26.9% during the third quarter. CoreCap Advisors LLC now owns 1,625 shares of the company’s stock worth $103,000 after acquiring an additional 344 shares during the period.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Stock Down 0.3%

NYSEARCA:TLTE traded down $0.18 on Monday, reaching $63.76. 2,904 shares of the company’s stock were exchanged, compared to its average volume of 8,252. The firm has a market capitalization of $286.92 million, a price-to-earnings ratio of 12.06 and a beta of 0.65. The business has a fifty day moving average of $64.20 and a 200-day moving average of $61.96. FlexShares Morningstar Emerging Markets Factor Tilt Index Fund has a 52-week low of $43.81 and a 52-week high of $65.86.

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.