FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) Short Interest Up 11,300.0% in September

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSEARCA:TLTE) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 45,600 shares, an increase of 11,300.0% from the August 31st total of 400 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is presently 6.4 days. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is presently 6.4 days.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund Stock Performance

TLTE stock opened at $63.11 on Wednesday. The firm’s 50 day moving average price is $61.19 and its 200-day moving average price is $57.10. The firm has a market cap of $290.31 million, a PE ratio of 12.06 and a beta of 0.79. FlexShares Morningstar Emerging Markets Factor Tilt Index Fund has a one year low of $43.81 and a one year high of $65.20.

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 business. Sageworth Trust Co purchased a new stake in shares of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in the 2nd quarter valued at approximately $6,135,000. Flow Traders U.S. LLC acquired a new stake in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund in the 2nd quarter valued at approximately $2,600,000. Finally, Jones Financial Companies Lllp increased its holdings in FlexShares Morningstar Emerging Markets Factor Tilt Index Fund by 8,924.1% in the 1st quarter. Jones Financial Companies Lllp now owns 2,617 shares of the company’s stock valued at $137,000 after purchasing an additional 2,588 shares during the last quarter.

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.