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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 1,400 shares, a growth of 27.3% from the July 15th total of 1,100 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 1.2 days.

Flexshares Real Assets Allocation Index Fund Price Performance

Shares of ASET stock traded up $0.15 during trading on Friday, reaching $31.26. The company had a trading volume of 10 shares, compared to its average volume of 4,793. The company has a market capitalization of $8.75 million, a PE ratio of 13.55 and a beta of 0.84. The firm’s 50 day simple moving average is $30.65 and its two-hundred day simple moving average is $30.55. Flexshares Real Assets Allocation Index Fund has a one year low of $26.98 and a one year high of $31.69.

Flexshares Real Assets Allocation Index Fund Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Thursday, June 27th were paid a $0.3067 dividend. This is an increase from Flexshares Real Assets Allocation Index Fund’s previous dividend of $0.09. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Trading of Flexshares Real Assets Allocation Index Fund

Hedge funds have recently bought and sold shares of the stock. NBT Bank N A NY bought a new stake in Flexshares Real Assets Allocation Index Fund in the second quarter valued at about $354,000. Bath Savings Trust Co acquired a new position in Flexshares Real Assets Allocation Index Fund during the first quarter worth $208,000. Finally, Strid Group LLC boosted its holdings in shares of Flexshares Real Assets Allocation Index Fund by 134.1% in the 4th quarter. Strid Group LLC now owns 20,636 shares of the company’s stock worth $633,000 after acquiring an additional 11,820 shares in the last 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.