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 large increase in short interest in May. As of May 15th, there was short interest totaling 208,216 shares, an increase of 4,761.5% from the April 30th total of 4,283 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 63,468 shares, the days-to-cover ratio is currently 3.3 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

NFRA traded down $0.32 during trading on Wednesday, hitting $66.54. The stock had a trading volume of 36,196 shares, compared to its average volume of 79,736. The stock has a 50 day simple moving average of $64.91 and a two-hundred day simple moving average of $63.56. FlexShares STOXX Global Broad Infrastructure Index Fund has a twelve month low of $59.60 and a twelve month high of $67.36. The company has a market capitalization of $3.09 billion, a PE ratio of 18.12 and a beta of 0.68.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NFRA. Bessemer Group Inc. boosted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% in the third quarter. Bessemer Group Inc. now owns 25,778 shares of the company’s stock worth $1,622,000 after acquiring an additional 23,711 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock worth $2,192,000 after buying an additional 3,294 shares during the last quarter. Rossby Financial LCC acquired a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 4th quarter valued at approximately $714,000. BOKF NA boosted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 379.9% in the 3rd quarter. BOKF NA now owns 7,175 shares of the company’s stock valued at $451,000 after acquiring an additional 5,680 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth $426,000.

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.