FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Up 301.9% in December

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a significant increase in short interest in 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. Based on an average daily trading volume, of 53,208 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 53,208 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several hedge funds have recently made changes to their positions in NFRA. Perkins Coie Trust Co purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at approximately $32,000. JPMorgan Chase & Co. raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the third quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock valued at $53,000 after purchasing an additional 769 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 2nd quarter valued at $107,000. CoreCap Advisors LLC grew its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% during the 3rd quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock worth $108,000 after purchasing an additional 167 shares during the period. Finally, Jones Financial Companies Lllp increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock worth $206,000 after purchasing an additional 3,044 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.3%

Shares of NFRA traded up $0.16 during midday trading on Thursday, reaching $60.61. The company had a trading volume of 31,626 shares, compared to its average volume of 122,841. FlexShares STOXX Global Broad Infrastructure Index Fund has a 1-year low of $53.01 and a 1-year high of $64.26. The firm has a 50 day simple moving average of $62.52 and a 200-day simple moving average of $62.19. The stock has a market cap of $2.90 billion, a PE ratio of 18.12 and a beta of 0.75.

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.