FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Short Interest Update

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,412,150 shares, a growth of 89.5% from the February 26th total of 745,317 shares. Based on an average trading volume of 679,150 shares, the short-interest ratio is currently 2.1 days. Approximately 1.1% of the company’s shares are short sold.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

A number of hedge funds and other institutional investors have recently modified their holdings of GUNR. Connable Office Inc. raised its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 33.2% in the 4th quarter. Connable Office Inc. now owns 1,248,153 shares of the company’s stock valued at $57,228,000 after buying an additional 311,192 shares during the period. Versant Capital Management Inc boosted its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 9.7% during the third quarter. Versant Capital Management Inc now owns 561,696 shares of the company’s stock worth $24,591,000 after buying an additional 49,610 shares during the period. Flow Traders U.S. LLC boosted its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 14.9% during the second quarter. Flow Traders U.S. LLC now owns 305,377 shares of the company’s stock worth $12,249,000 after buying an additional 39,574 shares during the period. Farmers National Bank increased its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.3% during the fourth quarter. Farmers National Bank now owns 278,365 shares of the company’s stock valued at $12,763,000 after acquiring an additional 832 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 2.1% during the fourth quarter. Bessemer Group Inc. now owns 192,673 shares of the company’s stock valued at $8,834,000 after acquiring an additional 3,992 shares during the last quarter.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Trading Down 0.6%

FlexShares Morningstar Global Upstream Natural Resources Index Fund stock traded down $0.35 during mid-day trading on Thursday, hitting $53.56. The company’s stock had a trading volume of 490,427 shares, compared to its average volume of 717,528. The stock’s fifty day moving average is $52.90 and its two-hundred day moving average is $47.47. The firm has a market capitalization of $7.05 billion, a PE ratio of 16.05 and a beta of 0.72. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 1 year low of $33.42 and a 1 year high of $56.07.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Friday, March 20th will be paid a $0.1975 dividend. This represents a $0.79 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, March 20th.

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.