Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Short Interest Up 200.0% in April

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a large growth in short interest during 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. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Flexshares Real Assets Allocation Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bath Savings Trust Co raised its position in shares of Flexshares Real Assets Allocation Index Fund by 16.4% in the 4th quarter. Bath Savings Trust Co now owns 7,800 shares of the company’s stock valued at $232,000 after purchasing an additional 1,100 shares during the last quarter. NBT Bank N A NY raised its position in shares of Flexshares Real Assets Allocation Index Fund by 86.9% in the 1st quarter. NBT Bank N A NY now owns 21,965 shares of the company’s stock valued at $684,000 after purchasing an additional 10,215 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Flexshares Real Assets Allocation Index Fund in the 4th quarter valued at approximately $743,000.

Flexshares Real Assets Allocation Index Fund Stock Up 0.5 %

Shares of Flexshares Real Assets Allocation Index Fund stock opened at $31.19 on Tuesday. The firm has a market capitalization of $6.86 million, a P/E ratio of 18.04 and a beta of 0.84. The company has a 50 day moving average price of $30.71 and a 200 day moving average price of $30.92. Flexshares Real Assets Allocation Index Fund has a 52 week low of $28.07 and a 52 week high of $32.90.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Thursday, March 27th were given a $0.0844 dividend. This represents a $0.34 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Thursday, March 27th.

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.