FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Update

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 14,700 shares, a decrease of 42.8% from the March 15th total of 25,706 shares. Based on an average daily volume of 66,265 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

Several hedge funds have recently made changes to their positions in NFRA. Park National Corp OH grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 55.4% during the 3rd quarter. Park National Corp OH now owns 67,103 shares of the company’s stock worth $4,222,000 after acquiring an additional 23,917 shares in the last quarter. Bessemer Group Inc. boosted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% in the third quarter. Bessemer Group Inc. now owns 25,778 shares of the company’s stock valued at $1,622,000 after acquiring an additional 23,711 shares during the last quarter. Transcend Capital Advisors LLC bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at approximately $868,000. Rossby Financial LCC bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the fourth quarter valued at approximately $714,000. Finally, CX Institutional boosted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 6.7% in the fourth quarter. CX Institutional now owns 182,381 shares of the company’s stock valued at $11,036,000 after acquiring an additional 11,391 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

NYSEARCA NFRA traded down $0.35 during trading hours on Monday, reaching $64.82. 33,159 shares of the company’s stock were exchanged, compared to its average volume of 91,841. The company’s 50-day moving average is $64.81 and its two-hundred day moving average is $63.02. FlexShares STOXX Global Broad Infrastructure Index Fund has a one year low of $57.14 and a one year high of $67.36. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 18.12 and a beta of 0.71.

FlexShares STOXX Global Broad Infrastructure Index Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 20th were paid a dividend of $0.1566 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, March 20th.

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.