Short Interest in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Declines By 45.2%

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 13th, there was short interest totaling 25,790 shares, a decline of 45.2% from the January 29th total of 47,045 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 68,977 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 68,977 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Park National Corp OH increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 55.4% in the third quarter. Park National Corp OH now owns 67,103 shares of the company’s stock valued at $4,222,000 after buying an additional 23,917 shares during the period. Bessemer Group Inc. boosted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% in 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 during the last quarter. Transcend Capital Advisors LLC acquired a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at approximately $868,000. Rossby Financial LCC bought a new position in FlexShares STOXX Global Broad Infrastructure Index Fund during the 4th quarter worth approximately $714,000. Finally, CX Institutional raised its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 6.7% during the 4th quarter. CX Institutional now owns 182,381 shares of the company’s stock worth $11,036,000 after purchasing an additional 11,391 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.9%

Shares of NYSEARCA:NFRA traded up $0.59 during trading on Friday, hitting $67.36. 53,580 shares of the company were exchanged, compared to its average volume of 120,382. The business’s 50 day moving average is $62.55 and its 200-day moving average is $62.66. The company has a market capitalization of $3.18 billion, a P/E ratio of 18.12 and a beta of 0.75. FlexShares STOXX Global Broad Infrastructure Index Fund has a 1-year low of $53.01 and a 1-year 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.