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

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 10,674 shares, a drop of 38.0% from the September 15th total of 17,214 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 100,796 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On FlexShares Ultra-Short Income Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in shares of FlexShares Ultra-Short Income Fund by 248.8% during the third quarter. Farther Finance Advisors LLC now owns 2,961 shares of the company’s stock worth $223,000 after acquiring an additional 2,112 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of FlexShares Ultra-Short Income Fund by 11.4% in the third quarter. CoreCap Advisors LLC now owns 2,196 shares of the company’s stock valued at $165,000 after purchasing an additional 224 shares during the period. Tactive Advisors LLC boosted its holdings in shares of FlexShares Ultra-Short Income Fund by 54.8% in the third quarter. Tactive Advisors LLC now owns 236,403 shares of the company’s stock valued at $17,787,000 after purchasing an additional 83,648 shares during the period. Boltwood Capital Management purchased a new stake in shares of FlexShares Ultra-Short Income Fund in the third quarter valued at approximately $1,381,000. Finally, Envestnet Asset Management Inc. grew its stake in FlexShares Ultra-Short Income Fund by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 106,670 shares of the company’s stock worth $8,045,000 after purchasing an additional 3,990 shares in the last quarter.

FlexShares Ultra-Short Income Fund Trading Up 0.0%

RAVI traded up $0.03 on Friday, reaching $75.14. 104,559 shares of the company traded hands, compared to its average volume of 75,711. FlexShares Ultra-Short Income Fund has a one year low of $74.36 and a one year high of $75.65. The firm has a fifty day simple moving average of $75.19 and a two-hundred day simple moving average of $75.26.

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.