FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Up 301.9% in December

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 157,223 shares, a growth of 301.9% from the November 30th total of 39,120 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 53,208 shares, the days-to-cover ratio is presently 3.0 days. Based on an average trading volume of 53,208 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Perkins Coie Trust Co acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at $32,000. JPMorgan Chase & Co. increased its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after purchasing an additional 769 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the second quarter valued at about $107,000. CoreCap Advisors LLC boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% during the third quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock valued at $108,000 after purchasing an additional 167 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% during the first quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock worth $206,000 after purchasing an additional 3,044 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund stock remained flat at $60.61 during midday trading on Friday. 111,644 shares of the company traded hands, compared to its average volume of 122,795. The business has a 50 day simple moving average of $62.39 and a two-hundred day simple moving average of $62.18. The stock has a market capitalization of $2.90 billion, a PE ratio of 18.12 and a beta of 0.75. FlexShares STOXX Global Broad Infrastructure Index Fund has a 12 month low of $53.01 and a 12 month high of $64.26.

FlexShares STOXX Global Broad Infrastructure Index Fund Company Profile

The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) is an exchange-traded fund that is based on the STOXX Global Broad Infrastructure index, a market-cap-weighted index of global infrastructure companies from developed and emerging markets. NFRA was launched on Oct 8, 2013 and is managed by FlexShares.