FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Down 53.1% in August

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 22,087 shares, a decrease of 53.1% from the August 15th total of 47,048 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 113,389 shares, the short-interest ratio is currently 0.2 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

Shares of NYSEARCA NFRA opened at $65.97 on Monday. FlexShares STOXX Global Broad Infrastructure Index Fund has a 12-month low of $59.60 and a 12-month high of $67.36. The stock’s fifty day simple moving average is $65.58 and its two-hundred day simple moving average is $65.27. The stock has a market capitalization of $3.03 billion, a PE ratio of 18.12 and a beta of 0.67.

Institutional Investors Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Steph & Co. raised its holdings in 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 worth $4,073,000 after purchasing an additional 4,978 shares in the last quarter. Rossby Financial LCC purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the fourth quarter valued at about $714,000. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock valued at $2,192,000 after buying an additional 3,294 shares in the last quarter. 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 buying an additional 5,680 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter worth approximately $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.