Short Interest in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Declines By 55.0%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 4,283 shares, a decrease of 55.0% from the April 15th total of 9,513 shares. Based on an average daily volume of 54,284 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Down 1.4%

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund stock traded down $0.94 on Friday, hitting $64.68. The stock had a trading volume of 36,207 shares, compared to its average volume of 82,830. FlexShares STOXX Global Broad Infrastructure Index Fund has a twelve month low of $59.60 and a twelve month high of $67.36. The business’s 50 day moving average is $64.73 and its two-hundred day moving average is $63.37. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 18.12 and a beta of 0.68.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. CX Institutional grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 6.7% in the fourth quarter. CX Institutional now owns 182,381 shares of the company’s stock valued at $11,036,000 after purchasing an additional 11,391 shares during the last quarter. Park National Corp OH grew its position in shares of 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 valued at $4,320,000 after purchasing an additional 4,288 shares during the last quarter. Steph & Co. grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 8.5% in the first quarter. Steph & Co. now owns 63,688 shares of the company’s stock valued at $4,073,000 after purchasing an additional 4,978 shares during the last quarter. Bessemer Group Inc. grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 56.6% in the first quarter. Bessemer Group Inc. now owns 46,432 shares of the company’s stock valued at $2,970,000 after purchasing an additional 16,775 shares during the last quarter. Finally, Missouri Trust & Investment Co grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.3% in the third quarter. Missouri Trust & Investment Co now owns 46,246 shares of the company’s stock valued at $2,910,000 after purchasing an additional 1,903 shares during the last quarter.

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.