Short Interest in FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Drops By 85.0%

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 87,323 shares, a decline of 85.0% from the July 30th total of 580,687 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,364,163 shares, the days-to-cover ratio is presently 0.1 days.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

Shares of GUNR traded down $0.34 during midday trading on Wednesday, hitting $56.46. The stock had a trading volume of 226,452 shares, compared to its average volume of 581,614. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 1 year low of $42.37 and a 1 year high of $57.09. The firm has a market cap of $7.80 billion, a PE ratio of 16.05 and a beta of 0.55. The stock’s 50 day moving average is $51.87 and its 200 day moving average is $53.36.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Essential Partners LLC bought a new stake 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 shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the second quarter valued at approximately $65,000. Vestor Capital LLC raised its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.6% in the first quarter. Vestor Capital LLC now owns 2,811 shares of the company’s stock worth $155,000 after buying an additional 199 shares during the period. Advisors Preferred LLC bought a new stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 1st quarter worth approximately $184,000. Finally, Carter Financial Group INC. lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 4.2% during the 1st 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.

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.