FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Short Interest Down 54.4% in August

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 16,026 shares, a decrease of 54.4% from the July 30th total of 35,165 shares. Based on an average daily volume of 41,944 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

FlexShares Ultra-Short Income Fund Trading Up 0.1%

Shares of NYSEARCA RAVI traded up $0.08 during midday trading on Monday, reaching $75.41. 47,463 shares of the stock were exchanged, compared to its average volume of 69,729. The business has a 50-day simple moving average of $75.30 and a two-hundred day simple moving average of $75.33. FlexShares Ultra-Short Income Fund has a 12 month low of $74.36 and a 12 month high of $75.98.

Institutional Trading of FlexShares Ultra-Short Income Fund

Several hedge funds have recently added to or reduced their stakes in RAVI. Interactive Financial Advisors Inc. raised its holdings in FlexShares Ultra-Short Income Fund by 2.6% during the 1st quarter. Interactive Financial Advisors Inc. now owns 126,541 shares of the company’s stock worth $9,542,000 after buying an additional 3,239 shares during the period. Walkner Condon Financial Advisors LLC acquired a new position in shares of FlexShares Ultra-Short Income Fund in the first quarter valued at approximately $258,000. Beacon Financial Advisory LLC boosted its holdings in shares of FlexShares Ultra-Short Income Fund by 40.2% in the first quarter. Beacon Financial Advisory LLC now owns 12,162 shares of the company’s stock valued at $917,000 after buying an additional 3,489 shares during the period. Auour Investments LLC increased its position in shares of FlexShares Ultra-Short Income Fund by 2.7% during the first quarter. Auour Investments LLC now owns 15,479 shares of the company’s stock worth $1,167,000 after acquiring an additional 414 shares in the last quarter. Finally, Tactive Advisors LLC increased its position in shares of FlexShares Ultra-Short Income Fund by 7.9% during the first quarter. Tactive Advisors LLC now owns 151,270 shares of the company’s stock worth $11,407,000 after acquiring an additional 11,114 shares in the last quarter.

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.