FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Shares Shorted: Short Interest Up 251.1% in September

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 301,383 shares, an increase of 251.1% from the August 31st total of 85,828 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 281,668 shares, the short-interest ratio is presently 1.1 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 the business. NBT Bank N A NY increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 1.4% in the 1st quarter. NBT Bank N A NY now owns 926,707 shares of the company’s stock valued at $51,117,000 after purchasing an additional 12,539 shares during the period. Versant Capital Management Inc increased its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 5.1% in the 2nd quarter. Versant Capital Management Inc now owns 883,841 shares of the company’s stock valued at $43,556,000 after buying an additional 43,198 shares during the period. Farmers National Bank increased its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.7% in the 1st quarter. Farmers National Bank now owns 280,230 shares of the company’s stock valued at $15,457,000 after buying an additional 1,865 shares during the period. Bessemer Group Inc. lifted its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 193,462 shares of the company’s stock worth $10,672,000 after buying an additional 789 shares in the last quarter. Finally, IAG Wealth Partners LLC lifted its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 3.6% in the 1st quarter. IAG Wealth Partners LLC now owns 162,865 shares of the company’s stock worth $8,984,000 after buying an additional 5,603 shares in the last quarter.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Trading Down 0.4%

Shares of GUNR stock opened at $53.83 on Friday. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 1-year low of $42.53 and a 1-year high of $58.07. The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of 16.05 and a beta of 0.56. The stock’s fifty day simple moving average is $54.58 and its 200-day simple moving average is $53.74.

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.