Short Interest in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Drops By 53.1%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 22,087 shares, a decrease of 53.1% from the August 15th total of 47,048 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 113,389 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund stock. Bessemer Group Inc. increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) by 56.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,432 shares of the company’s stock after buying an additional 16,775 shares during the quarter. Bessemer Group Inc. owned 0.10% of FlexShares STOXX Global Broad Infrastructure Index Fund worth $2,970,000 as of its most recent SEC filing.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.8%

Shares of NFRA stock traded down $0.53 during trading hours on Wednesday, hitting $64.76. 24,211 shares of the company were exchanged, compared to its average volume of 76,725. FlexShares STOXX Global Broad Infrastructure Index Fund has a 52 week low of $59.60 and a 52 week high of $67.36. The business has a 50 day moving average of $65.60 and a two-hundred day moving average of $65.25. The company has a market capitalization of $2.97 billion, a PE ratio of 18.12 and a beta of 0.67.

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.