Short Interest in FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Decreases By 91.8%

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) saw a significant decrease in short interest in 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 volume of 41,239 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its holdings in FlexShares Ultra-Short Income Fund by 2.2% in the 4th quarter. J.W. Cole Advisors Inc. now owns 10,179 shares of the company’s stock valued at $767,000 after purchasing an additional 215 shares in the last quarter. Stifel Financial Corp lifted its holdings in FlexShares Ultra-Short Income Fund by 4.2% in the 4th quarter. Stifel Financial Corp now owns 5,420 shares of the company’s stock valued at $409,000 after purchasing an additional 218 shares in the last quarter. Cetera Investment Advisers lifted its holdings in FlexShares Ultra-Short Income Fund by 1.8% in the 4th quarter. Cetera Investment Advisers now owns 19,969 shares of the company’s stock valued at $1,505,000 after purchasing an additional 349 shares in the last quarter. Auour Investments LLC lifted its holdings in FlexShares Ultra-Short Income Fund by 2.7% in the 1st quarter. Auour Investments LLC now owns 15,479 shares of the company’s stock valued at $1,167,000 after purchasing an additional 414 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in FlexShares Ultra-Short Income Fund by 29.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,997 shares of the company’s stock valued at $151,000 after purchasing an additional 454 shares in the last quarter.

FlexShares Ultra-Short Income Fund Stock Down 0.1%

Shares of NYSEARCA RAVI traded down $0.04 on Monday, hitting $75.24. The company’s stock had a trading volume of 52,042 shares, compared to its average volume of 59,798. FlexShares Ultra-Short Income Fund has a 12-month low of $75.09 and a 12-month high of $76.65. The stock 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.