Short Interest in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) Decreases By 77.8%

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 77.8% from the October 15th total of 900 shares. Based on an average daily trading volume, of 600 shares, the short-interest 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. NBT Bank N A NY purchased a new stake in shares of Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,750 shares of the company’s stock, valued at approximately $354,000. NBT Bank N A NY owned 4.20% of Flexshares Real Assets Allocation Index Fund as of its most recent filing with the Securities & Exchange Commission.

Flexshares Real Assets Allocation Index Fund Stock Down 0.1 %

ASET stock opened at $31.47 on Thursday. The firm has a market cap of $7.87 million, a PE ratio of 13.55 and a beta of 0.84. The business has a 50 day moving average of $32.21 and a 200-day moving average of $31.37. Flexshares Real Assets Allocation Index Fund has a 12-month low of $28.56 and a 12-month high of $32.90.

Flexshares Real Assets Allocation Index Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were paid a $0.213 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.85 dividend on an annualized basis and a yield of 2.71%.

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.