Short Interest in FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Increases By 500.1%

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 723,700 shares, agrowthof500.1% from the July 15th total of 120,600 shares. Approximately0.6% of the company’s stock are short sold. Based on an average daily volume of 355,600 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 355,600 shares, the days-to-cover ratio is currently 2.0 days. Approximately0.6% of the company’s stock are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GUNR. Ledyard National Bank purchased a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the second quarter valued at about $7,156,000. Connable Office Inc. increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.9% in the first quarter. Connable Office Inc. now owns 962,601 shares of the company’s stock valued at $37,359,000 after purchasing an additional 70,451 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 10.7% in the fourth quarter. Ameriprise Financial Inc. now owns 699,561 shares of the company’s stock valued at $25,436,000 after purchasing an additional 67,605 shares during the period. Sageworth Trust Co acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the second quarter worth about $2,455,000. Finally, Flow Traders U.S. LLC grew its holdings 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 acquiring an additional 39,574 shares during the period.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

Shares of NYSEARCA GUNR opened at $41.35 on Friday. The stock has a market capitalization of $4.88 billion, a P/E ratio of 16.05 and a beta of 0.95. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 1-year low of $33.42 and a 1-year high of $42.19. The business has a fifty day moving average price of $40.75 and a 200 day moving average price of $39.03.

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.