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

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

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

NYSEARCA:GUNR traded up $0.80 during midday trading on Thursday, hitting $49.81. 288,208 shares of the stock were exchanged, compared to its average volume of 579,978. The company has a market capitalization 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 has a one year low of $39.97 and a one year high of $56.35. The business has a 50-day moving average price of $53.19 and a two-hundred day moving average price of $52.16.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

Institutional investors have recently modified their holdings of the company. Essential Partners LLC bought a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the first quarter valued at about $61,000. Vestor Capital LLC raised its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.6% in the first quarter. Vestor Capital LLC now owns 2,811 shares of the company’s stock worth $155,000 after acquiring an additional 199 shares in the last quarter. Advisors Preferred LLC acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 1st quarter valued at about $184,000. Fifth Third Securities Inc. acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 4th quarter valued at about $204,000. Finally, Carter Financial Group INC. boosted its position 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 valued at $279,000 after purchasing an additional 203 shares in the last quarter.

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.