FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Update

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 15,782 shares, a drop of 38.8% from the February 12th total of 25,790 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 60,902 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 60,902 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of NFRA. Perkins Coie Trust Co bought a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter worth $32,000. JPMorgan Chase & Co. lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after acquiring an additional 769 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% during 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. Jones Financial Companies Lllp grew its position 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 worth $206,000 after acquiring an additional 3,044 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC purchased a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter worth about $316,000.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.1%

Shares of NYSEARCA NFRA traded up $0.04 during midday trading on Friday, hitting $64.29. 46,931 shares of the company’s stock were exchanged, compared to its average volume of 105,876. The business’s fifty day moving average price is $63.51 and its two-hundred day moving average price is $62.83. The company has a market cap of $3.04 billion, a price-to-earnings 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 $67.36.

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.