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 target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 4,283 shares, a drop of 55.0% from the April 15th total of 9,513 shares. Based on an average daily volume of 54,284 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

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

Several institutional investors and hedge funds have recently made changes to their positions in NFRA. Jones Financial Companies Lllp increased its position 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 in the last quarter. CoreCap Advisors LLC increased 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 valued at $108,000 after acquiring an additional 167 shares in the last quarter. Transcend Capital Advisors LLC bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter valued at approximately $868,000. Bessemer Group Inc. increased its position in shares of 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 valued at $1,622,000 after acquiring an additional 23,711 shares in the last quarter. Finally, Missouri Trust & Investment Co increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.3% during the third quarter. Missouri Trust & Investment Co now owns 46,246 shares of the company’s stock valued at $2,910,000 after acquiring an additional 1,903 shares in the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

Shares of NYSEARCA:NFRA traded down $0.94 during trading on Friday, reaching $64.68. 36,207 shares of the stock traded hands, compared to its average volume of 82,830. The stock has a market cap of $3.00 billion, a P/E ratio of 18.12 and a beta of 0.68. The stock has a 50-day moving average of $64.73 and a two-hundred day moving average of $63.37. FlexShares STOXX Global Broad Infrastructure Index Fund has a 52-week low of $59.60 and a 52-week 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.