FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Stock Short Interest Report for September

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 24,355 shares, a decrease of 53.8% from the September 15th total of 52,668 shares. Based on an average trading volume of 97,533 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

Shares of NYSEARCA:NFRA traded up $0.53 during trading hours on Thursday, hitting $63.31. 77,269 shares of the company’s stock traded hands, compared to its average volume of 78,357. FlexShares STOXX Global Broad Infrastructure Index Fund has a 52 week low of $59.60 and a 52 week high of $67.36. The company’s fifty day simple moving average is $64.70 and its two-hundred day simple moving average is $65.04. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 18.12 and a beta of 0.67.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Valeo Financial Advisors LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth $392,000. Steph & Co. lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.0% during the third quarter. Steph & Co. now owns 68,808 shares of the company’s stock valued at $4,292,000 after purchasing an additional 2,670 shares during the last quarter. Park National Corp OH purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter valued at $3,078,000. CX Institutional boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1.4% in the 3rd quarter. CX Institutional now owns 78,909 shares of the company’s stock valued at $4,922,000 after purchasing an additional 1,089 shares during the period. Finally, Bessemer Group Inc. boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 56.6% in the 1st quarter. Bessemer Group Inc. now owns 46,432 shares of the company’s stock valued at $2,970,000 after purchasing an additional 16,775 shares during the period.

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.