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) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 15,782 shares, a decline of 38.8% from the February 12th total of 25,790 shares. Based on an average daily volume of 60,902 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 60,902 shares, the days-to-cover ratio is currently 0.3 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.1%

Shares of NYSEARCA:NFRA traded up $0.04 during trading on Friday, reaching $64.29. 46,931 shares of the company traded hands, compared to its average volume of 105,876. FlexShares STOXX Global Broad Infrastructure Index Fund has a 52-week low of $53.01 and a 52-week high of $67.36. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 18.12 and a beta of 0.75. The business’s fifty day moving average is $63.51 and its 200-day moving average is $62.83.

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

Institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC grew its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% in the 3rd 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. Steph & Co. increased its position 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 valued at $3,553,000 after acquiring an additional 199 shares during the period. Perkins Coie Trust Co bought a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter valued at about $32,000. JPMorgan Chase & Co. raised its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% during 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. Finally, Transcend Capital Advisors LLC boosted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 8.0% during the fourth quarter. Transcend Capital Advisors LLC now owns 14,896 shares of the company’s stock worth $901,000 after purchasing an additional 1,102 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.