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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 800 shares, an increase of 33.3% from the June 15th total of 600 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Flexshares Real Assets Allocation Index Fund

A hedge fund recently bought a new stake in Flexshares Real Assets Allocation Index Fund stock. Bath Savings Trust Co purchased a new position in shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,700 shares of the company’s stock, valued at approximately $208,000. Bath Savings Trust Co owned approximately 1.91% of Flexshares Real Assets Allocation Index Fund as of its most recent SEC filing.

Flexshares Real Assets Allocation Index Fund Price Performance

Shares of ASET traded up $0.19 during trading hours on Monday, hitting $31.24. The stock had a trading volume of 300 shares, compared to its average volume of 5,495. The company’s fifty day moving average is $30.76 and its two-hundred day moving average is $30.42. Flexshares Real Assets Allocation Index Fund has a 52 week low of $26.98 and a 52 week high of $31.69. The stock has a market capitalization of $8.75 million, a price-to-earnings ratio of 13.55 and a beta of 0.84.

Flexshares Real Assets Allocation Index Fund Increases Dividend

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

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.