Short Interest in FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Drops By 56.0%

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 91,839 shares, a decrease of 56.0% from the December 15th total of 208,525 shares. Based on an average daily trading volume, of 349,371 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 349,371 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GUNR. Kendall Capital Management lifted its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 8.7% in the 4th quarter. Kendall Capital Management now owns 24,054 shares of the company’s stock worth $1,103,000 after purchasing an additional 1,928 shares during the period. CoreCap Advisors LLC raised its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 2.7% in the fourth quarter. CoreCap Advisors LLC now owns 168,502 shares of the company’s stock worth $7,726,000 after buying an additional 4,409 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 5.1% in the third quarter. JPMorgan Chase & Co. now owns 35,282 shares of the company’s stock worth $1,545,000 after buying an additional 1,722 shares during the period. Farmers National Bank grew its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 2.5% during the 3rd quarter. Farmers National Bank now owns 277,533 shares of the company’s stock worth $12,150,000 after acquiring an additional 6,831 shares during the period. Finally, Douglass Winthrop Advisors LLC purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 3rd quarter worth approximately $682,000.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

Shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund stock traded down $0.30 during trading hours on Friday, reaching $49.00. The company had a trading volume of 631,841 shares, compared to its average volume of 920,986. The firm has a market cap of $6.12 billion, a PE ratio of 16.05 and a beta of 0.72. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a one year low of $33.42 and a one year high of $49.44. The business has a fifty day simple moving average of $45.61 and a 200 day simple moving average of $43.54.

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.