FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sees Significant Increase in Short Interest

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 264,919 shares, an increase of 188.5% from the December 31st total of 91,839 shares. Based on an average trading volume of 949,959 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 949,959 shares, the short-interest ratio is presently 0.3 days.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Trading Down 3.8%

Shares of GUNR opened at $50.64 on Friday. The firm has a 50-day moving average price of $46.97 and a 200 day moving average price of $44.23. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 12-month low of $33.42 and a 12-month high of $53.64. The firm has a market capitalization of $6.62 billion, a P/E ratio of 16.05 and a beta of 0.72.

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

A number of institutional investors have recently made changes to their positions in the stock. ST Germain D J Co. Inc. increased its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 61.3% in the 3rd quarter. ST Germain D J Co. Inc. now owns 605 shares of the company’s stock valued at $26,000 after purchasing an additional 230 shares during the last quarter. Transcend Capital Advisors LLC boosted its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.8% during the third quarter. Transcend Capital Advisors LLC now owns 31,779 shares of the company’s stock worth $1,391,000 after buying an additional 239 shares during the period. Waterloo Capital L.P. grew its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 8.2% in the second quarter. Waterloo Capital L.P. now owns 6,700 shares of the company’s stock valued at $269,000 after buying an additional 506 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 15.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,686 shares of the company’s stock valued at $249,000 after buying an additional 754 shares during the period. Finally, Hollencrest Capital Management lifted its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 28.7% during the 2nd quarter. Hollencrest Capital Management now owns 5,273 shares of the company’s stock worth $212,000 after acquiring an additional 1,176 shares in the last quarter.

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.