FlexShares Real Asset Allocation Index Fund (NASDAQ: ASET – Get a rating) was the target of a significant drop in short-term interest in April. As of April 30, there was short interest totaling 5,800 shares, down 40.2% from the total of 9,700 shares as of April 15. Based on an average daily trading volume of 17,600 shares, the days-to-cover ratio is currently 0.3 days.
Shares of NASDAQ: ASET traded at $0.70 during Friday’s trading, reaching $32.17. 2,520 shares of the company were traded, compared to its average volume of 17,012. The FlexShares Real Assets Allocation Index Fund has a 12-month low of $31.35 and a 12-month high of 35, $85. The company has a 50-day moving average of $34.19 and a 200-day moving average of $33.85.
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 30. Shareholders of record on Friday, March 25 received a dividend of $0.116. This represents a dividend of $0.46 on an annualized basis and a dividend yield of 1.44%. The ex-dividend date was Thursday, March 24.
A number of hedge funds have recently increased or reduced their holdings in ASET. Legacy CG LLC acquired a new stake in FlexShares Real Assets Allocation Index Fund during the first quarter, valued at approximately $11,491,000. Advisor Group Holdings Inc. increased its stake in shares of the FlexShares Real Assets Allocation Index Fund by 4,562.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 42,147 shares of the company worth $36,000 after purchasing an additional 41,243 shares in the last quarter. Citadel Advisors LLC acquired a new equity position in the FlexShares Real Assets Allocation Index Fund during Q2 for a value of $590,000. Bank of America Corp DE increased its equity stake in the FlexShares Real Assets Allocation Index Fund by 2,250.4% during Q2. Bank of America Corp DE now owns 15,066 shares of the company worth $500,000 after buying 14,425 additional shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new equity stake in the FlexShares Real Assets Allocation Index Fund during Q1 for a value of $369,000.
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