FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Stock Short Interest Climbs 251.1%

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 301,383 shares, a growth of 251.1% from the August 31st total of 85,828 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 281,668 shares, the short-interest ratio is currently 1.1 days.

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 GUNR. NBT Bank N A NY raised its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 1.4% in the first quarter. NBT Bank N A NY now owns 926,707 shares of the company’s stock worth $51,117,000 after acquiring an additional 12,539 shares during the period. Versant Capital Management Inc increased its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 5.1% in the 2nd quarter. Versant Capital Management Inc now owns 883,841 shares of the company’s stock worth $43,556,000 after purchasing an additional 43,198 shares in the last quarter. Farmers National Bank increased its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.7% in the 1st quarter. Farmers National Bank now owns 280,230 shares of the company’s stock worth $15,457,000 after purchasing an additional 1,865 shares in the last quarter. 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 purchasing an additional 789 shares during the period. Finally, IAG Wealth Partners LLC raised its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 3.6% in the 1st quarter. IAG Wealth Partners LLC now owns 162,865 shares of the company’s stock worth $8,984,000 after purchasing an additional 5,603 shares during the period.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Down 0.4%

Shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund stock traded down $0.21 during trading hours on Friday, reaching $53.83. 318,236 shares of the stock traded hands, compared to its average volume of 551,292. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a one year low of $42.53 and a one year high of $58.07. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 16.05 and a beta of 0.56. The company has a 50 day moving average price of $54.58 and a 200 day moving average price of $53.74.

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.