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

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 59,635 shares, a drop of 77.4% from the December 31st total of 263,462 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 278,110 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 278,110 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.0%

Shares of NYSEARCA NFRA traded down $0.01 during midday trading on Friday, hitting $62.18. The company’s stock had a trading volume of 48,132 shares, compared to its average volume of 172,892. The firm has a market cap of $2.94 billion, a P/E ratio of 18.12 and a beta of 0.75. FlexShares STOXX Global Broad Infrastructure Index Fund has a 12-month low of $53.01 and a 12-month high of $64.26. The business’s 50 day moving average is $61.37 and its two-hundred day moving average is $62.09.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CX Institutional boosted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 5.4% in the third quarter. CX Institutional now owns 170,990 shares of the company’s stock valued at $10,759,000 after buying an additional 8,775 shares during the last quarter. Park National Corp OH grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 6.4% in the fourth quarter. Park National Corp OH now owns 71,391 shares of the company’s stock valued at $4,320,000 after purchasing an additional 4,288 shares during the period. Steph & Co. boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 0.3% in the fourth quarter. Steph & Co. now owns 58,710 shares of the company’s stock worth $3,553,000 after acquiring an additional 199 shares during the last quarter. Missouri Trust & Investment Co lifted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.3% in the third quarter. Missouri Trust & Investment Co now owns 46,246 shares of the company’s stock worth $2,910,000 after buying an additional 1,903 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% during the third quarter. Bessemer Group Inc. now owns 25,778 shares of the company’s stock worth $1,622,000 after buying an additional 23,711 shares in 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.