FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Large Decrease in Short Interest

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 25,790 shares, a drop of 45.2% from the January 29th total of 47,045 shares. Based on an average daily volume of 68,977 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 68,977 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CX Institutional grew its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 6.7% during the fourth quarter. CX Institutional now owns 182,381 shares of the company’s stock worth $11,036,000 after purchasing an additional 11,391 shares during the last quarter. JPMorgan Chase & Co. lifted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after buying an additional 769 shares in the last quarter. Transcend Capital Advisors LLC grew its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 8.0% during the 4th quarter. Transcend Capital Advisors LLC now owns 14,896 shares of the company’s stock worth $901,000 after acquiring an additional 1,102 shares during the last quarter. Steph & Co. increased its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 0.3% in the 4th quarter. Steph & Co. now owns 58,710 shares of the company’s stock valued at $3,553,000 after acquiring an additional 199 shares in the last quarter. Finally, Park National Corp OH increased its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 6.4% in the 4th quarter. Park National Corp OH now owns 71,391 shares of the company’s stock valued at $4,320,000 after acquiring an additional 4,288 shares in the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

FlexShares STOXX Global Broad Infrastructure Index Fund stock traded down $0.56 during trading hours on Monday, hitting $66.80. 57,247 shares of the stock were exchanged, compared to its average volume of 118,801. The stock has a market capitalization of $3.16 billion, a P/E ratio of 18.12 and a beta of 0.75. The business’s 50-day moving average is $62.69 and its two-hundred day moving average is $62.68. FlexShares STOXX Global Broad Infrastructure Index Fund has a 12 month low of $53.01 and a 12 month high of $67.36.

About FlexShares STOXX Global Broad Infrastructure Index Fund

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.