FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Shares Shorted: Short Interest Up 138.5% in September

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 52,668 shares, a growth of 138.5% from the August 31st total of 22,087 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 73,722 shares, the short-interest ratio is presently 0.7 days.

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

An institutional investor recently raised its stake in FlexShares STOXX Global Broad Infrastructure Index Fund stock. Bessemer Group Inc. raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) by 56.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,432 shares of the company’s stock after purchasing 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 at the end of the most recent reporting period.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.2%

FlexShares STOXX Global Broad Infrastructure Index Fund stock traded up $0.14 during midday trading on Friday, reaching $63.50. The stock had a trading volume of 43,342 shares, compared to its average volume of 76,133. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 18.12 and a beta of 0.67. FlexShares STOXX Global Broad Infrastructure Index Fund has a 52-week low of $59.60 and a 52-week high of $67.36. The company has a fifty day moving average of $65.43 and a 200 day moving average of $65.14.

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.