Short Interest in FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Increases By 368.7%

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNRGet Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,448,644 shares, an increase of 368.7% from the January 29th total of 309,083 shares. Based on an average trading volume of 661,237 shares, the short-interest ratio is currently 2.2 days. Currently, 1.1% of the shares of the stock are short sold. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 661,237 shares, the short-interest ratio is currently 2.2 days.

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

GUNR stock opened at $54.83 on Thursday. The firm has a 50-day moving average price of $49.84 and a 200-day moving average price of $45.77. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 12 month low of $33.42 and a 12 month high of $55.08. The stock has a market capitalization of $7.22 billion, a P/E ratio of 16.05 and a beta of 0.72.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

A number of hedge funds have recently added to or reduced their stakes in GUNR. Connable Office Inc. increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 33.2% during the fourth quarter. Connable Office Inc. now owns 1,248,153 shares of the company’s stock worth $57,228,000 after buying an additional 311,192 shares in the last quarter. Align Financial LLC acquired a new stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 4th quarter valued at $8,541,000. Ledyard National Bank bought a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 2nd quarter worth $7,156,000. Bessemer Group Inc. increased its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 50.1% in the 3rd quarter. Bessemer Group Inc. now owns 188,681 shares of the company’s stock worth $8,261,000 after purchasing an additional 63,014 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 9.7% in the 3rd quarter. Versant Capital Management Inc now owns 561,696 shares of the company’s stock worth $24,591,000 after purchasing an additional 49,610 shares in the last quarter.

About FlexShares Morningstar Global Upstream Natural Resources Index Fund

(Get Free Report)

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.

See Also

Receive News & Ratings for FlexShares Morningstar Global Upstream Natural Resources Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Morningstar Global Upstream Natural Resources Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.