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

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

Hedge Funds Weigh In On FlexShares Morningstar Global Upstream Natural Resources Index Fund

Several institutional investors and hedge funds have recently bought and sold shares of GUNR. Essential Partners LLC purchased a new stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund in the first quarter worth approximately $61,000. Trust Co. of Vermont purchased a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the second quarter valued at approximately $65,000. Vestor Capital LLC grew its position 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. Advisors Preferred LLC purchased a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the first quarter valued at approximately $184,000. Finally, Carter Financial Group INC. increased its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 4.2% in the 1st quarter. Carter Financial Group INC. now owns 5,066 shares of the company’s stock valued at $279,000 after buying an additional 203 shares during the period.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Performance

Shares of GUNR stock traded down $0.06 on Thursday, reaching $56.32. 174,328 shares of the company’s stock traded hands, compared to its average volume of 579,601. The company has a market capitalization of $7.78 billion, a P/E ratio of 16.05 and a beta of 0.55. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 12-month low of $42.37 and a 12-month high of $57.09. The business’s 50 day moving average price is $51.96 and its two-hundred day moving average price is $53.40.

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.