FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sees Significant Drop in Short Interest

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 91,839 shares, a decline of 56.0% from the December 15th total of 208,525 shares. Based on an average trading volume of 349,371 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 349,371 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On FlexShares Morningstar Global Upstream Natural Resources Index Fund

Large investors have recently bought and sold shares of the company. ST Germain D J Co. Inc. raised its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 61.3% in the third quarter. ST Germain D J Co. Inc. now owns 605 shares of the company’s stock valued at $26,000 after purchasing an additional 230 shares during the last quarter. Carter Financial Group INC. bought a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 2nd quarter valued at $200,000. Hollencrest Capital Management increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 28.7% in the second quarter. Hollencrest Capital Management now owns 5,273 shares of the company’s stock valued at $212,000 after purchasing an additional 1,176 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 15.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,686 shares of the company’s stock worth $249,000 after buying an additional 754 shares during the last quarter. Finally, Waterloo Capital L.P. grew its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 8.2% in the 2nd quarter. Waterloo Capital L.P. now owns 6,700 shares of the company’s stock valued at $269,000 after buying an additional 506 shares during the last quarter.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Performance

NYSEARCA GUNR traded up $0.95 on Wednesday, reaching $49.25. The company had a trading volume of 619,677 shares, compared to its average volume of 456,686. The company’s fifty day moving average is $45.38 and its 200-day moving average is $43.43. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 1-year low of $33.42 and a 1-year high of $49.44. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 16.05 and a beta of 0.72.

About FlexShares Morningstar Global Upstream Natural Resources Index Fund

The FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies that operate, manage or produce natural resources in energy, agriculture, metals, timber or water. GUNR was launched on Sep 16, 2011 and is managed by FlexShares.