FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Stock Short Interest Report for October

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 19,700 shares, an increase of 84.6% from the September 30th total of 10,674 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 71,804 shares, the short-interest ratio is presently 0.3 days.

FlexShares Ultra-Short Income Fund Price Performance

Shares of RAVI opened at $75.26 on Friday. The business has a 50-day moving average of $75.18 and a 200 day moving average of $75.31. FlexShares Ultra-Short Income Fund has a fifty-two week low of $74.36 and a fifty-two week high of $75.64.

Institutional Investors Weigh In On FlexShares Ultra-Short Income Fund

Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC increased its stake in FlexShares Ultra-Short Income Fund by 47,781.8% in the 3rd quarter. International Assets Investment Management LLC now owns 158,010 shares of the company’s stock worth $11,889,000 after buying an additional 157,680 shares during the period. Tactive Advisors LLC lifted its holdings in shares of FlexShares Ultra-Short Income Fund by 54.8% in the 3rd quarter. Tactive Advisors LLC now owns 236,403 shares of the company’s stock valued at $17,787,000 after buying an additional 83,648 shares during the period. Independent Financial Group LLC acquired a new position in FlexShares Ultra-Short Income Fund in the 1st quarter worth about $1,452,000. Boltwood Capital Management acquired a new position in shares of FlexShares Ultra-Short Income Fund during the third quarter valued at approximately $1,381,000. Finally, IFP Advisors Inc acquired a new position in FlexShares Ultra-Short Income Fund during the third quarter worth $342,000.

About FlexShares Ultra-Short Income Fund

The FlexShares Ready Access Variable Income Fund (RAVI) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that invests in an ultra-short-term portfolio of investment grade public and private debt issued domestically and abroad. RAVI was launched on Oct 9, 2012 and is managed by FlexShares.