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

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a large drop in short interest in April. As of April 15th, there was short interest totaling 9,513 shares, a drop of 35.3% from the March 31st total of 14,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 42,700 shares, the short-interest ratio is currently 0.2 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 2.6%

NYSEARCA:NFRA traded up $1.67 during trading hours on Thursday, hitting $66.15. The company had a trading volume of 32,485 shares, compared to its average volume of 85,434. FlexShares STOXX Global Broad Infrastructure Index Fund has a 1 year low of $58.87 and a 1 year high of $67.36. The company has a market cap of $3.07 billion, a P/E ratio of 18.12 and a beta of 0.71. The company has a 50-day moving average of $64.93 and a 200 day moving average of $63.25.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

A number of hedge funds and other institutional investors have recently modified their holdings of NFRA. JPMorgan Chase & Co. increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after acquiring an additional 769 shares during the last quarter. CoreCap Advisors LLC increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% in the 3rd quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock worth $108,000 after acquiring an additional 167 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock worth $206,000 after acquiring an additional 3,044 shares during the last quarter. Douglass Winthrop Advisors LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter worth $316,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter worth about $426,000.

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.