Short Interest in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Drops By 38.8%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 15,782 shares, a drop of 38.8% from the February 12th total of 25,790 shares. Based on an average daily trading volume, of 60,902 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 60,902 shares, the days-to-cover ratio is presently 0.3 days.

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

Large 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 in the third quarter valued at approximately $32,000. JPMorgan Chase & Co. increased its stake in shares of 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 valued at $53,000 after buying an additional 769 shares during the period. CoreCap Advisors LLC raised its position 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 worth $108,000 after acquiring an additional 167 shares during the last quarter. Jones Financial Companies Lllp lifted its stake 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 valued at $206,000 after acquiring an additional 3,044 shares during the period. Finally, Douglass Winthrop Advisors LLC acquired a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter valued at $316,000.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.1%

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund stock traded up $0.04 during trading on Friday, reaching $64.29. The company’s stock had a trading volume of 46,931 shares, compared to its average volume of 105,876. The stock has a 50-day moving average price of $63.51 and a two-hundred day moving average price of $62.83. The stock has a market capitalization of $3.04 billion, a P/E ratio of 18.12 and a beta of 0.75. FlexShares STOXX Global Broad Infrastructure Index Fund has a one year low of $53.01 and a one year high of $67.36.

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.