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 drop in short interest in March. As of March 15th, there was short interest totalling 600 shares, a drop of 62.5% from the February 29th total of 1,600 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is presently 0.1 days.

Flexshares Real Assets Allocation Index Fund Stock Up 0.4 %

ASET stock opened at $31.11 on Friday. The firm has a market cap of $17.11 million, a PE ratio of 23.10 and a beta of 0.84. The business has a 50 day moving average of $30.04 and a 200-day moving average of $29.49. Flexshares Real Assets Allocation Index Fund has a 12-month low of $26.98 and a 12-month high of $31.11.

Flexshares Real Assets Allocation Index Fund Announces Dividend

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

Institutional Investors Weigh In On Flexshares Real Assets Allocation Index Fund

Several large investors have recently made changes to their positions in the business. UBS Group AG boosted its holdings in shares of Flexshares Real Assets Allocation Index Fund by 219.3% in the 3rd quarter. UBS Group AG now owns 1,073 shares of the company’s stock worth $29,000 after buying an additional 737 shares during the last quarter. Rockefeller Capital Management L.P. purchased a new position in Flexshares Real Assets Allocation Index Fund in the fourth quarter valued at about $30,000. Advisor Group Holdings Inc. boosted its stake in Flexshares Real Assets Allocation Index Fund by 4,562.3% in the first quarter. Advisor Group Holdings Inc. now owns 42,147 shares of the company’s stock valued at $36,000 after acquiring an additional 41,243 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Flexshares Real Assets Allocation Index Fund during the 1st quarter valued at approximately $207,000. Finally, Strid Group LLC increased its stake in shares of Flexshares Real Assets Allocation Index Fund by 7.4% during the 3rd quarter. Strid Group LLC now owns 8,816 shares of the company’s stock worth $251,000 after purchasing an additional 606 shares during 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.