FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR – Get Free Report) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 264,919 shares, a growth of 188.5% from the December 31st total of 91,839 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 949,959 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 949,959 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short.
FlexShares Morningstar Global Upstream Natural Resources Index Fund Trading Down 3.8%
Shares of GUNR stock opened at $50.64 on Friday. The company has a market capitalization of $6.62 billion, a PE ratio of 16.05 and a beta of 0.72. The firm has a fifty day simple moving average of $46.97 and a 200-day simple moving average of $44.23. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a twelve month low of $33.42 and a twelve month high of $53.64.
Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund
Large investors have recently added to or reduced their stakes in the business. Carter Financial Group INC. bought a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 2nd quarter worth approximately $200,000. Hollencrest Capital Management grew its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 28.7% in the second quarter. Hollencrest Capital Management now owns 5,273 shares of the company’s stock valued at $212,000 after acquiring an additional 1,176 shares during the period. Flow Traders U.S. LLC raised 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 acquiring an additional 39,574 shares in the last quarter. IAG Wealth Partners LLC lifted its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 30.2% during the second quarter. IAG Wealth Partners LLC now owns 132,394 shares of the company’s stock valued at $5,310,000 after acquiring an additional 30,703 shares during the period. Finally, Nicolet Bankshares Inc. boosted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 53.3% in the 2nd quarter. Nicolet Bankshares Inc. now owns 40,516 shares of the company’s stock valued at $1,625,000 after purchasing an additional 14,090 shares in the last quarter.
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.
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