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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a decrease of 62.5% from the February 29th total of 1,600 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Flexshares Real Assets Allocation Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. purchased a new position in shares of Flexshares Real Assets Allocation Index Fund during the 4th quarter worth approximately $30,000. UBS Group AG raised its stake in shares of Flexshares Real Assets Allocation Index Fund by 219.3% during the 3rd quarter. UBS Group AG now owns 1,073 shares of the company’s stock worth $29,000 after buying an additional 737 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in shares of Flexshares Real Assets Allocation Index Fund during the 1st quarter worth approximately $207,000. Susquehanna International Group LLP purchased a new position in shares of Flexshares Real Assets Allocation Index Fund during the 1st quarter worth approximately $251,000. Finally, Strid Group LLC raised its stake in shares of Flexshares Real Assets Allocation Index Fund by 7.4% during the 3rd quarter. Strid Group LLC now owns 8,816 shares of the company’s stock worth $251,000 after buying an additional 606 shares in the last quarter.

Flexshares Real Assets Allocation Index Fund Stock Up 1.5 %

ASET opened at $30.97 on Thursday. The business has a 50 day moving average price of $30.04 and a two-hundred day moving average price of $29.49. The company has a market cap of $17.03 million, a PE ratio of 23.10 and a beta of 0.84. Flexshares Real Assets Allocation Index Fund has a 52 week low of $26.98 and a 52 week high of $31.09.

Flexshares Real Assets Allocation Index Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.0862 per share. The ex-dividend date of this dividend was Thursday, March 21st.

About Flexshares Real Assets Allocation Index Fund

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.