Short Interest in FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) Expands By 100.0%

FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, a growth of 100.0% from the May 15th total of 100 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.2 days.

FlexShares Real Assets Allocation Index Fund Price Performance

NASDAQ ASET opened at $32.61 on Monday. FlexShares Real Assets Allocation Index Fund has a 12 month low of $28.07 and a 12 month high of $32.90. The company has a 50-day moving average of $31.59 and a 200-day moving average of $30.96. The company has a market cap of $7.17 million, a P/E ratio of 18.17 and a beta of 0.84.

FlexShares Real Assets Allocation Index Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 27th were paid a dividend of $0.0844 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FlexShares Real Assets Allocation Index Fund stock. NBT Bank N A NY grew its stake in shares of FlexShares Real Assets Allocation Index Fund (NASDAQ:ASET) by 86.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,965 shares of the company’s stock after acquiring an additional 10,215 shares during the quarter. NBT Bank N A NY owned about 8.79% of FlexShares Real Assets Allocation Index Fund worth $684,000 at the end of the most recent quarter.

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.