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

FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, an increase of 100.0% from the May 15th total of 100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

FlexShares Real Assets Allocation Index Fund Price Performance

NASDAQ:ASET opened at $32.61 on Friday. The stock has a market cap of $7.17 million, a P/E ratio of 18.17 and a beta of 0.84. FlexShares Real Assets Allocation Index Fund has a one year low of $28.07 and a one year high of $32.90. The company has a fifty day moving average price of $31.59 and a 200 day moving average price of $30.97.

FlexShares Real Assets Allocation Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 27th were paid a dividend of $0.0844 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.34 annualized dividend and a dividend yield of 1.04%.

Hedge Funds Weigh In On FlexShares Real Assets Allocation Index Fund

An institutional investor recently raised its position in FlexShares Real Assets Allocation Index Fund stock. NBT Bank N A NY lifted its position in FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) by 86.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,965 shares of the company’s stock after buying an additional 10,215 shares during the quarter. NBT Bank N A NY owned about 8.79% of FlexShares Real Assets Allocation Index Fund worth $684,000 as of its most recent SEC filing.

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.