FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Down 55.0% in April

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 4,283 shares, a decline of 55.0% from the April 15th total of 9,513 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 54,284 shares, the days-to-cover ratio is currently 0.1 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

NFRA traded down $0.94 during midday trading on Friday, reaching $64.68. The company had a trading volume of 36,207 shares, compared to its average volume of 82,830. The stock has a market cap of $3.00 billion, a PE ratio of 18.12 and a beta of 0.68. FlexShares STOXX Global Broad Infrastructure Index Fund has a 12-month low of $59.60 and a 12-month high of $67.36. The business has a 50-day moving average price of $64.73 and a two-hundred day moving average price of $63.37.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NFRA. JPMorgan Chase & Co. boosted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the third quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock valued at $53,000 after acquiring an additional 769 shares during the last quarter. CoreCap Advisors LLC boosted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% in the third quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock valued at $108,000 after acquiring an additional 167 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% in 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 last quarter. Douglass Winthrop Advisors LLC purchased a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at about $316,000. Finally, Flow Traders U.S. LLC purchased a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at about $426,000.

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.