Short Interest in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Grows By 350.0%

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 900 shares, an increase of 350.0% from the September 30th total of 200 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 1.8 days.

Flexshares Real Assets Allocation Index Fund Stock Performance

Shares of NASDAQ:ASET traded up $0.09 on Friday, hitting $32.19. 201 shares of the company’s stock were exchanged, compared to its average volume of 3,793. Flexshares Real Assets Allocation Index Fund has a 1-year low of $27.24 and a 1-year high of $32.90. The company has a market capitalization of $8.05 million, a PE ratio of 13.55 and a beta of 0.84. The firm’s 50-day moving average is $32.18 and its 200 day moving average is $31.22.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were issued a $0.213 dividend. This represents a $0.85 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend was Thursday, September 26th.

Hedge Funds 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 bought a new stake in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and 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 approximately 4.20% of Flexshares Real Assets Allocation Index Fund at the end of the most recent quarter.

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.