FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Short Interest Update

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 65 shares, a decrease of 91.8% from the April 15th total of 794 shares. Based on an average daily trading volume, of 41,239 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of FlexShares Ultra-Short Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC purchased a new stake in FlexShares Ultra-Short Income Fund during the 4th quarter worth about $38,000. Fifth Third Bancorp purchased a new stake in FlexShares Ultra-Short Income Fund during the 3rd quarter worth about $50,000. Arax Advisory Partners purchased a new stake in FlexShares Ultra-Short Income Fund during the 4th quarter worth about $53,000. Bank of America Corp DE purchased a new stake in FlexShares Ultra-Short Income Fund during the 4th quarter worth about $53,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in FlexShares Ultra-Short Income Fund during the 4th quarter worth about $57,000.

FlexShares Ultra-Short Income Fund Stock Up 0.1%

Shares of NYSEARCA RAVI traded up $0.06 during trading on Tuesday, reaching $75.30. 33,549 shares of the stock traded hands, compared to its average volume of 59,506. FlexShares Ultra-Short Income Fund has a 52-week low of $75.09 and a 52-week high of $76.65. The company has a 50-day moving average of $75.33 and a 200-day moving average of $75.42.

FlexShares Ultra-Short Income Fund Company Profile

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.