FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) Short Interest Update

FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a significant increase in short interest in 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 trading volume, of 1,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On FlexShares Real Assets Allocation Index Fund

A hedge fund recently raised its stake in FlexShares Real Assets Allocation Index Fund stock. NBT Bank N A NY boosted its position in shares of FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) by 86.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,965 shares of the company’s stock after acquiring an additional 10,215 shares during the period. 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 Stock Down 0.6%

Shares of NASDAQ:ASET opened at $32.61 on Friday. FlexShares Real Assets Allocation Index Fund has a 52-week low of $28.07 and a 52-week high of $32.90. The business has a fifty day moving average of $31.59 and a two-hundred day moving average of $30.98. 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 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Thursday, March 27th were given a dividend of $0.0844 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.04%. 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.