FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Short Interest Update

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 149,519 shares, a growth of 95.4% from the May 31st total of 76,517 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 373,054 shares, the short-interest ratio is presently 0.4 days.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

GUNR stock traded down $0.16 during midday trading on Wednesday, hitting $49.12. The stock had a trading volume of 586,626 shares, compared to its average volume of 580,537. The firm has a market cap of $6.71 billion, a PE ratio of 16.05 and a beta of 0.53. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 12-month low of $39.97 and a 12-month high of $56.35. The company’s 50-day moving average price is $53.31 and its 200 day moving average price is $52.14.

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

Several institutional investors have recently added to or reduced their stakes in the business. Essential Partners LLC acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 1st quarter worth about $61,000. Vestor Capital LLC increased its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.6% during the 1st quarter. Vestor Capital LLC now owns 2,811 shares of the company’s stock valued at $155,000 after acquiring an additional 199 shares during the last quarter. Advisors Preferred LLC purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 1st quarter worth about $184,000. Fifth Third Securities Inc. purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 4th quarter worth about $204,000. Finally, Carter Financial Group INC. boosted its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 4.2% in the first quarter. Carter Financial Group INC. now owns 5,066 shares of the company’s stock worth $279,000 after acquiring an additional 203 shares during the last quarter.

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.