Short Interest in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Drops By 62.5%

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 600 shares, a decrease of 62.5% from the February 29th total of 1,600 shares. Based on an average trading volume of 8,000 shares, the days-to-cover ratio is currently 0.1 days.

Flexshares Real Assets Allocation Index Fund Stock Up 0.4 %

Shares of ASET stock opened at $31.11 on Friday. Flexshares Real Assets Allocation Index Fund has a 12-month low of $26.98 and a 12-month high of $31.11. The firm has a 50 day moving average price of $30.04 and a two-hundred day moving average price of $29.49. The company has a market capitalization of $17.11 million, a PE ratio of 23.10 and a beta of 0.84.

Flexshares Real Assets Allocation Index Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.0862 dividend. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG boosted its position in shares of Flexshares Real Assets Allocation Index Fund by 219.3% in the third quarter. UBS Group AG now owns 1,073 shares of the company’s stock valued at $29,000 after acquiring an additional 737 shares during the period. Rockefeller Capital Management L.P. bought a new stake in Flexshares Real Assets Allocation Index Fund in the 4th quarter valued at about $30,000. Advisor Group Holdings Inc. grew its position in shares of Flexshares Real Assets Allocation Index Fund by 4,562.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 42,147 shares of the company’s stock worth $36,000 after purchasing an additional 41,243 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Flexshares Real Assets Allocation Index Fund during the first quarter worth approximately $207,000. Finally, Strid Group LLC raised its position in shares of Flexshares Real Assets Allocation Index Fund by 7.4% in the third quarter. Strid Group LLC now owns 8,816 shares of the company’s stock valued at $251,000 after buying an additional 606 shares in the last 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.