Short Interest in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Decreases By 77.4%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 59,635 shares, a drop of 77.4% from the December 31st total of 263,462 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 278,110 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 278,110 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. CX Institutional raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 5.4% in the third quarter. CX Institutional now owns 170,990 shares of the company’s stock worth $10,759,000 after buying an additional 8,775 shares during the period. Park National Corp OH increased its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 6.4% in the fourth quarter. Park National Corp OH now owns 71,391 shares of the company’s stock worth $4,320,000 after purchasing an additional 4,288 shares during the period. Steph & Co. increased its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 0.3% in the fourth quarter. Steph & Co. now owns 58,710 shares of the company’s stock worth $3,553,000 after purchasing an additional 199 shares during the period. Missouri Trust & Investment Co lifted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.3% during the third quarter. Missouri Trust & Investment Co now owns 46,246 shares of the company’s stock worth $2,910,000 after purchasing an additional 1,903 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% during the third quarter. Bessemer Group Inc. now owns 25,778 shares of the company’s stock valued at $1,622,000 after purchasing an additional 23,711 shares during the period.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.3%

Shares of NFRA stock traded down $0.21 during trading hours on Wednesday, reaching $61.53. 60,390 shares of the stock were exchanged, compared to its average volume of 185,194. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 18.12 and a beta of 0.75. FlexShares STOXX Global Broad Infrastructure Index Fund has a 12-month low of $53.01 and a 12-month high of $64.26. The company’s 50-day moving average price is $61.35 and its 200-day moving average price is $62.08.

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.