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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 300 shares, a drop of 25.0% from the November 15th total of 400 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days.

Flexshares Real Assets Allocation Index Fund Price Performance

Flexshares Real Assets Allocation Index Fund stock traded down $0.12 during mid-day trading on Friday, reaching $31.24. The company had a trading volume of 801 shares, compared to its average volume of 3,465. The company has a market capitalization of $7.81 million, a P/E ratio of 13.55 and a beta of 0.84. Flexshares Real Assets Allocation Index Fund has a 1 year low of $29.09 and a 1 year high of $32.90. The stock’s 50-day simple moving average is $31.97 and its 200-day simple moving average is $31.49.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were issued a $0.213 dividend. This represents a $0.85 annualized dividend and a dividend yield of 2.73%. The ex-dividend date was Thursday, September 26th.

Institutional Investors Weigh In On Flexshares Real Assets Allocation Index Fund

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

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.