FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Down 73.3% in July

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 45,109 shares, a drop of 73.3% from the July 15th total of 169,158 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 47,646 shares, the days-to-cover ratio is presently 0.9 days.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

NFRA traded up $0.35 during trading on Thursday, hitting $66.11. 4,772 shares of the stock traded hands, compared to its average volume of 74,266. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 18.12 and a beta of 0.67. The business has a 50 day moving average price of $65.15 and a 200 day moving average price of $65.00. FlexShares STOXX Global Broad Infrastructure Index Fund has a twelve month low of $59.60 and a twelve month high of $67.36.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after purchasing an additional 769 shares during the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 8.0% in the 4th quarter. Transcend Capital Advisors LLC now owns 14,896 shares of the company’s stock valued at $901,000 after purchasing an additional 1,102 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock valued at $206,000 after purchasing an additional 3,044 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% during the fourth 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 period. Finally, Steph & Co. increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 8.5% during the first quarter. Steph & Co. now owns 63,688 shares of the company’s stock worth $4,073,000 after buying an additional 4,978 shares during the period.

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.