Short Interest in FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Decreases By 78.0%

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 70,313 shares, a decrease of 78.0% from the April 15th total of 320,196 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 569,685 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On FlexShares Morningstar Global Upstream Natural Resources Index Fund

Large investors have recently added to or reduced their stakes in the stock. Connable Office Inc. raised its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 33.2% in the fourth quarter. Connable Office Inc. now owns 1,248,153 shares of the company’s stock valued at $57,228,000 after purchasing an additional 311,192 shares during the period. NBT Bank N A NY grew its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 1.4% in the 1st quarter. NBT Bank N A NY now owns 926,707 shares of the company’s stock valued at $51,117,000 after buying an additional 12,539 shares during the last quarter. Versant Capital Management Inc grew its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 9.7% in the 3rd quarter. Versant Capital Management Inc now owns 561,696 shares of the company’s stock valued at $24,591,000 after buying an additional 49,610 shares during the last quarter. Farmers National Bank raised its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.3% in the 4th quarter. Farmers National Bank now owns 278,365 shares of the company’s stock worth $12,763,000 after acquiring an additional 832 shares during the period. Finally, Bessemer Group Inc. raised its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 193,462 shares of the company’s stock worth $10,672,000 after acquiring an additional 789 shares during the period.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Down 1.6%

Shares of NYSEARCA:GUNR traded down $0.91 on Friday, reaching $54.51. The company had a trading volume of 52,633 shares, compared to its average volume of 622,085. The stock has a market capitalization of $7.44 billion, a P/E ratio of 16.05 and a beta of 0.55. The stock has a 50-day moving average price of $54.61 and a 200 day moving average price of $50.19. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a twelve month low of $38.61 and a twelve month high of $56.35.

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.