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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 400 shares, a growth of 100.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Flexshares Real Assets Allocation Index Fund

An institutional investor recently bought a new position in Flexshares Real Assets Allocation Index Fund stock. NBT Bank N A NY acquired a new stake in shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 11,750 shares of the company’s stock, valued at approximately $354,000. NBT Bank N A NY owned about 4.20% of Flexshares Real Assets Allocation Index Fund at the end of the most recent quarter.

Flexshares Real Assets Allocation Index Fund Stock Up 0.2 %

NASDAQ:ASET traded up $0.06 during trading hours on Friday, hitting $32.42. 15 shares of the company’s stock traded hands, compared to its average volume of 3,588. The firm has a market cap of $8.11 million, a P/E ratio of 13.55 and a beta of 0.84. The business’s fifty day simple moving average is $32.16 and its two-hundred day simple moving average is $31.46. Flexshares Real Assets Allocation Index Fund has a 52 week low of $29.09 and a 52 week high of $32.90.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were paid a $0.213 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.85 dividend on an annualized basis and a yield of 2.63%.

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.