FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Short Interest Up 406.2% in June

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 756,810 shares, a growth of 406.2% from the June 15th total of 149,519 shares. Based on an average daily volume of 663,025 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the shares of the company are short sold.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

NYSEARCA GUNR traded up $0.34 on Monday, hitting $50.46. 195,149 shares of the company’s stock were exchanged, compared to its average volume of 561,541. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 16.05 and a beta of 0.55. The firm’s 50-day moving average price is $52.55 and its two-hundred day moving average price is $52.38. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a fifty-two week low of $39.97 and a fifty-two week high of $56.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Essential Partners LLC purchased a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the first quarter worth $61,000. Vestor Capital LLC boosted its position 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 worth $155,000 after purchasing an additional 199 shares in the last quarter. Advisors Preferred LLC purchased a new stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 1st quarter worth $184,000. Fifth Third Securities Inc. acquired a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 4th quarter worth $204,000. Finally, Carter Financial Group INC. grew 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 purchasing an additional 203 shares during the period.

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.