FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Down 77.4% in January

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 59,635 shares, a drop of 77.4% from the December 31st total of 263,462 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 278,110 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 278,110 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several hedge funds have recently modified their holdings of NFRA. Perkins Coie Trust Co bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at about $32,000. JPMorgan Chase & Co. lifted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% during the third quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock valued at $53,000 after acquiring an additional 769 shares during the last quarter. CoreCap Advisors LLC boosted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% in the third quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock valued at $108,000 after acquiring an additional 167 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% in the first 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. Finally, Douglass Winthrop Advisors LLC purchased a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth $316,000.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.3%

Shares of NFRA traded down $0.21 during trading hours on Wednesday, hitting $61.53. The company had a trading volume of 60,390 shares, compared to its average volume of 185,194. The company has a market capitalization of $2.91 billion, a PE ratio of 18.12 and a beta of 0.75. FlexShares STOXX Global Broad Infrastructure Index Fund has a one year low of $53.01 and a one year high of $64.26. The company’s fifty day moving average price is $61.35 and its two-hundred day moving average price is $62.08.

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.