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

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,176,781 shares, a growth of 290.5% from the September 15th total of 301,383 shares. Based on an average daily trading volume, of 420,695 shares, the short-interest ratio is presently 2.8 days. Approximately 0.9% of the shares of the company are short sold.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Up 0.5%

FlexShares Morningstar Global Upstream Natural Resources Index Fund stock traded up $0.28 on Friday, hitting $53.88. The company’s stock had a trading volume of 300,542 shares, compared to its average volume of 544,845. The firm has a market cap of $7.04 billion, a P/E ratio of 16.05 and a beta of 0.58. The company has a fifty day moving average price of $54.81 and a 200-day moving average price of $53.69. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a one year low of $42.53 and a one year high of $58.07.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

Several institutional investors have recently made changes to their positions in the business. Essential Partners LLC acquired a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the first quarter worth about $61,000. Trust Co. of Vermont bought a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the second quarter worth about $65,000. NewEdge Advisors LLC lifted its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 22.5% during the second quarter. NewEdge Advisors LLC now owns 2,470 shares of the company’s stock worth $122,000 after purchasing an additional 453 shares during the period. Vestor Capital LLC boosted its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.6% during the first quarter. Vestor Capital LLC now owns 2,811 shares of the company’s stock valued at $155,000 after purchasing an additional 199 shares in the last quarter. Finally, Advisors Preferred LLC acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the first quarter valued at approximately $184,000.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Company Profile

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.