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

Flexshares Real Assets Allocation Index Fund (NASDAQ:ASET) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 1,100 shares, an increase of 37.5% from the June 30th total of 800 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is currently 0.8 days.

Flexshares Real Assets Allocation Index Fund Stock Up 1.1 %

NASDAQ:ASET traded up $0.33 during trading hours on Friday, hitting $31.01. 718 shares of the stock were exchanged, compared to its average volume of 5,256. The company has a market capitalization of $8.68 million, a P/E ratio of 13.55 and a beta of 0.84. The company’s 50 day moving average is $30.72 and its two-hundred day moving average is $30.45. Flexshares Real Assets Allocation Index Fund has a twelve month low of $26.98 and a twelve month high of $31.69.

Flexshares Real Assets Allocation Index Fund Increases Dividend

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Flexshares Real Assets Allocation Index Fund stock. Bath Savings Trust Co acquired a new stake 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 Securities and Exchange Commission. The fund acquired 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 at the end of the most recent reporting period.

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.