Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Sees Significant Growth in Short Interest

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a growth of 200.0% from the March 31st total of 100 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Flexshares Real Assets Allocation Index Fund Price Performance

Shares of NASDAQ:ASET opened at $30.95 on Friday. Flexshares Real Assets Allocation Index Fund has a 1 year low of $28.07 and a 1 year high of $32.90. The company has a market capitalization of $7.74 million, a PE ratio of 18.04 and a beta of 0.84. The business has a fifty day moving average price of $30.70 and a two-hundred day moving average price of $30.94.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Thursday, March 27th were given a dividend of $0.0844 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.34 annualized dividend and a yield of 1.09%.

Institutional Trading of Flexshares Real Assets Allocation Index Fund

Several hedge funds have recently added to or reduced their stakes in the stock. NBT Bank N A NY grew its position in shares of Flexshares Real Assets Allocation Index Fund by 86.9% during the 1st quarter. NBT Bank N A NY now owns 21,965 shares of the company’s stock valued at $684,000 after acquiring an additional 10,215 shares during the period. Jane Street Group LLC purchased a new stake in Flexshares Real Assets Allocation Index Fund in the fourth quarter worth $743,000. Finally, Bath Savings Trust Co lifted its position in shares of Flexshares Real Assets Allocation Index Fund by 16.4% during the 4th quarter. Bath Savings Trust Co now owns 7,800 shares of the company’s stock valued at $232,000 after buying an additional 1,100 shares during the last quarter.

Flexshares Real Assets Allocation Index Fund Company Profile

The FlexShares Real Assets Allocation Index Fund (ASET) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that gives investors diversified global exposure to real assets. ASET was launched on Nov 23, 2015 and is managed by FlexShares.