FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Short Interest Up 67.6% in December

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 263,462 shares, a growth of 67.6% from the December 15th total of 157,223 shares. Based on an average trading volume of 83,435 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 83,435 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Park National Corp OH lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 55.4% during the third quarter. Park National Corp OH now owns 67,103 shares of the company’s stock valued at $4,222,000 after purchasing an additional 23,917 shares in the last quarter. Bessemer Group Inc. lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% during the 3rd quarter. Bessemer Group Inc. now owns 25,778 shares of the company’s stock valued at $1,622,000 after acquiring an additional 23,711 shares during the period. Transcend Capital Advisors LLC purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at about $868,000. Whittier Trust Co. bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the second quarter worth approximately $589,000. Finally, CX Institutional raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 5.4% during the third quarter. CX Institutional now owns 170,990 shares of the company’s stock valued at $10,759,000 after purchasing an additional 8,775 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

FlexShares STOXX Global Broad Infrastructure Index Fund stock traded down $0.11 during mid-day trading on Friday, reaching $60.22. The stock had a trading volume of 102,621 shares, compared to its average volume of 262,120. 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 has a 50-day moving average price of $61.63 and a two-hundred day moving average price of $62.12. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 18.12 and a beta of 0.75.

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.