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

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 157,223 shares, an increase of 301.9% from the November 30th total of 39,120 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 53,208 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily volume of 53,208 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.3% of the shares of the stock are short sold.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

Shares of NYSEARCA NFRA remained flat at $60.61 during midday trading on Friday. 111,644 shares of the stock were exchanged, compared to its average volume of 122,795. The company has a market cap of $2.90 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 $64.26. The business’s 50-day simple moving average is $62.39 and its 200-day simple moving average is $62.18.

Institutional Investors Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of NFRA. Perkins Coie Trust Co purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter valued at approximately $32,000. JPMorgan Chase & Co. raised 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 buying an additional 769 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 2nd quarter valued at $107,000. CoreCap Advisors LLC lifted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% in the third quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock worth $108,000 after buying an additional 167 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake 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 buying an additional 3,044 shares during the period.

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.