FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 52,668 shares, a growth of 138.5% from the August 31st total of 22,087 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 73,722 shares, the short-interest ratio is currently 0.7 days.
Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund
A hedge fund recently raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund stock. Steph & Co. increased its stake in FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA – Free Report) by 8.5% during the first quarter, according to its most recent filing with the SEC. The fund owned 63,688 shares of the company’s stock after buying an additional 4,978 shares during the quarter. FlexShares STOXX Global Broad Infrastructure Index Fund accounts for approximately 1.2% of Steph & Co.’s portfolio, making the stock its 17th largest holding. Steph & Co. owned 0.14% of FlexShares STOXX Global Broad Infrastructure Index Fund worth $4,073,000 as of its most recent SEC filing.
FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance
Shares of NFRA stock opened at $62.94 on Tuesday. The company has a market cap of $2.98 billion, a P/E ratio of 18.12 and a beta of 0.67. FlexShares STOXX Global Broad Infrastructure Index Fund has a fifty-two week low of $59.60 and a fifty-two week high of $67.36. The stock has a 50 day simple moving average of $65.39 and a two-hundred day simple moving average of $65.13.
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.
Further Reading
- Five stocks we like better than FlexShares STOXX Global Broad Infrastructure Index Fund
- MongoDB Stock Drops 17% After CEO Exit—What Investors Should Know
- Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be?
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
Receive News & Ratings for FlexShares STOXX Global Broad Infrastructure Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares STOXX Global Broad Infrastructure Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.