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 significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 45,109 shares, a drop of 73.3% from the July 15th total of 169,158 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 47,646 shares, the short-interest ratio is currently 0.9 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.3%

Shares of NFRA stock traded up $0.23 on Friday, hitting $66.31. The stock had a trading volume of 51,162 shares, compared to its average volume of 74,662. FlexShares STOXX Global Broad Infrastructure Index Fund has a one year low of $59.60 and a one year high of $67.36. The business has a 50 day moving average price of $65.18 and a 200 day moving average price of $65.04. The company has a market cap of $3.04 billion, a PE ratio of 18.12 and a beta of 0.67.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NFRA. Rossby Financial LCC acquired a new position in FlexShares STOXX Global Broad Infrastructure Index Fund during the fourth quarter worth approximately $714,000. Dorsey & Whitney Trust CO LLC grew its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock worth $2,192,000 after buying an additional 3,294 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at about $426,000. BOKF NA increased its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 379.9% in the 3rd quarter. BOKF NA now owns 7,175 shares of the company’s stock valued at $451,000 after acquiring an additional 5,680 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock valued at $206,000 after acquiring an additional 3,044 shares during the last quarter.

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.