Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Sees Large Drop in Short Interest

by · The Cerbat Gem

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a drop of 77.8% from the October 15th total of 900 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 0.3 days.

Flexshares Real Assets Allocation Index Fund Stock Performance

Shares of ASET stock traded down $0.07 during mid-day trading on Tuesday, reaching $31.90. The company’s stock had a trading volume of 4,825 shares, compared to its average volume of 3,656. The company has a market cap of $7.98 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 $28.03 and a 1-year high of $32.90. The firm’s 50-day moving average is $32.21 and its two-hundred day moving average is $31.36.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were issued a dividend of $0.213 per share. This represents a $0.85 annualized dividend and a yield of 2.67%. The ex-dividend date was Thursday, September 26th.

Institutional Trading of 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 stake in shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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.

About Flexshares Real Assets Allocation Index Fund

(Get Free Report)

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.

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