FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Large Decline in Short Interest

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 13,541 shares, a decrease of 77.9% from the October 15th total of 61,401 shares. Based on an average trading volume of 56,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

NYSEARCA:NFRA opened at $65.53 on Thursday. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 17.48 and a beta of 0.67. FlexShares STOXX Global Broad Infrastructure Index Fund has a 1 year low of $59.60 and a 1 year high of $67.36. The stock has a fifty day moving average price of $64.11 and a two-hundred day moving average price of $64.85.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. acquired a new position in FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth $99,000. BOKF NA purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at about $122,000. Valeo Financial Advisors LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at approximately $392,000. Whittier Trust Co. increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 59.3% during the 3rd quarter. Whittier Trust Co. now owns 15,168 shares of the company’s stock worth $950,000 after purchasing an additional 5,645 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 56.6% during the 1st quarter. Bessemer Group Inc. now owns 46,432 shares of the company’s stock worth $2,970,000 after purchasing an additional 16,775 shares in the last quarter.

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.