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) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 22,087 shares, a drop of 53.1% from the August 15th total of 47,048 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 113,389 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

Hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp lifted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% during 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. JPMorgan Chase & Co. increased its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after buying an additional 769 shares during the period. BOKF NA increased its stake in 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 worth $451,000 after buying an additional 5,680 shares during the period. Flow Traders U.S. LLC bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at about $426,000. Finally, Dorsey & Whitney Trust CO LLC lifted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% during 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.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

Shares of NYSEARCA:NFRA opened at $65.97 on Monday. The firm has a market capitalization of $3.03 billion, a PE ratio of 18.12 and a beta of 0.67. The business has a 50 day simple moving average of $65.58 and a two-hundred day simple moving average of $65.27. FlexShares STOXX Global Broad Infrastructure Index Fund has a 1 year low of $59.60 and a 1 year high of $67.36.

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.