FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Significant Drop in Short Interest

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 22,087 shares, a decline of 53.1% from the August 15th total of 47,048 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 113,389 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

An institutional investor recently raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund stock. Steph & Co. raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) by 8.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 63,688 shares of the company’s stock after buying an additional 4,978 shares during the period. FlexShares STOXX Global Broad Infrastructure Index Fund comprises approximately 1.2% of Steph & Co.’s holdings, making the stock its 17th largest holding. Steph & Co. owned about 0.14% of FlexShares STOXX Global Broad Infrastructure Index Fund worth $4,073,000 at the end of the most recent reporting period.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.0%

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund stock traded down $0.01 during trading on Tuesday, reaching $65.29. The company’s stock had a trading volume of 23,759 shares, compared to its average volume of 77,024. The stock has a 50-day moving average price of $65.60 and a two-hundred day moving average price of $65.26. The stock has a market capitalization of $3.00 billion, a P/E ratio of 18.12 and a beta of 0.67. FlexShares STOXX Global Broad Infrastructure Index Fund has a one year low of $59.60 and a one year high of $67.36.

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.