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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a decline of 33.3% from the December 31st total of 300 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Flexshares Real Assets Allocation Index Fund stock. Bath Savings Trust Co increased its stake in Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) by 16.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,800 shares of the company’s stock after buying an additional 1,100 shares during the quarter. Bath Savings Trust Co owned 3.12% of Flexshares Real Assets Allocation Index Fund worth $232,000 at the end of the most recent quarter.

Flexshares Real Assets Allocation Index Fund Stock Down 0.7 %

ASET stock traded down $0.21 during trading on Friday, reaching $30.32. The stock had a trading volume of 1,436 shares, compared to its average volume of 562. Flexshares Real Assets Allocation Index Fund has a one year low of $29.09 and a one year high of $32.90. The company’s 50 day moving average is $30.60 and its two-hundred day moving average is $31.36. The company has a market capitalization of $7.58 million, a price-to-earnings ratio of 13.55 and a beta of 0.84.

Flexshares Real Assets Allocation Index Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 27th were given a dividend of $0.4996 per share. This is an increase from Flexshares Real Assets Allocation Index Fund’s previous dividend of $0.31. The ex-dividend date of this dividend was Friday, December 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.