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 significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 123,996 shares, a drop of 37.9% from the May 31st total of 199,606 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 56,993 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several institutional investors and hedge funds have recently bought and sold shares of NFRA. Steph & Co. boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 0.3% during the 4th quarter. Steph & Co. now owns 58,710 shares of the company’s stock worth $3,553,000 after acquiring an additional 199 shares during the period. JPMorgan Chase & Co. lifted its holdings in 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 valued at $53,000 after purchasing an additional 769 shares during the last quarter. Transcend Capital Advisors LLC boosted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 8.0% during the fourth quarter. Transcend Capital Advisors LLC now owns 14,896 shares of the company’s stock worth $901,000 after purchasing an additional 1,102 shares during the period. Jones Financial Companies Lllp boosted its position in 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 worth $206,000 after purchasing an additional 3,044 shares during the period. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock valued at $2,192,000 after purchasing an additional 3,294 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 1.6%

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund stock traded up $1.01 during trading on Thursday, hitting $64.44. 36,552 shares of the stock were exchanged, compared to its average volume of 82,476. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 18.12 and a beta of 0.67. The company has a fifty day moving average price of $65.39 and a 200-day moving average price of $64.04. FlexShares STOXX Global Broad Infrastructure Index Fund has a 1-year low of $59.60 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.