Short Interest in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Declines By 77.8%

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 200 shares, a decrease of 77.8% from the October 15th total of 900 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 0.3 days.

Flexshares Real Assets Allocation Index Fund Trading Down 0.1 %

NASDAQ:ASET opened at $31.47 on Thursday. The firm has a fifty day simple moving average of $32.21 and a two-hundred day simple moving average of $31.37. Flexshares Real Assets Allocation Index Fund has a 12 month low of $28.56 and a 12 month high of $32.90. The stock has a market capitalization of $7.87 million, a price-to-earnings ratio of 13.55 and a beta of 0.84.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were given a $0.213 dividend. This represents a $0.85 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Flexshares Real Assets Allocation Index Fund stock. NBT Bank N A NY bought a new position in shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,750 shares of the company’s stock, valued at approximately $354,000. NBT Bank N A NY owned 4.20% of Flexshares Real Assets Allocation Index Fund as of its most recent SEC filing.

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.