FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Short Interest Up 95.4% in June

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 149,519 shares, an increase of 95.4% from the May 31st total of 76,517 shares. Based on an average daily trading volume, of 373,054 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

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

Hedge funds have recently added to or reduced their stakes in the stock. Essential Partners LLC bought a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the first quarter worth about $61,000. Vestor Capital LLC boosted its stake in 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 valued at $155,000 after purchasing an additional 199 shares during the period. Advisors Preferred LLC bought a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 1st quarter worth about $184,000. Fifth Third Securities Inc. bought a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 4th quarter worth about $204,000. Finally, Carter Financial Group INC. increased its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 4.2% in the first quarter. Carter Financial Group INC. now owns 5,066 shares of the company’s stock valued at $279,000 after purchasing an additional 203 shares during the period.

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

GUNR opened at $49.81 on Friday. The company’s 50-day moving average price is $53.10 and its 200 day moving average price is $52.19. 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. The firm has a market cap of $6.80 billion, a price-to-earnings ratio of 16.05 and a beta of 0.55.

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.