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

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a large 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. Approximately 1.1% of the shares of the company are sold short. Based on an average trading volume of 661,237 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 661,237 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.1% of the shares of the company are sold short.

Hedge Funds Weigh In On FlexShares Morningstar Global Upstream Natural Resources Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bessemer Group Inc. boosted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.4% in the 2nd quarter. Bessemer Group Inc. now owns 125,667 shares of the company’s stock worth $5,041,000 after buying an additional 8,635 shares during the last quarter. Ledyard National Bank bought a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the second quarter valued at about $7,156,000. JPMorgan Chase & Co. boosted its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 94.2% in the second quarter. JPMorgan Chase & Co. now owns 33,560 shares of the company’s stock worth $1,346,000 after purchasing an additional 16,280 shares during the last quarter. Waterloo Capital L.P. grew its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 8.2% during the 2nd quarter. Waterloo Capital L.P. now owns 6,700 shares of the company’s stock valued at $269,000 after purchasing an additional 506 shares during the period. Finally, Farmers National Bank grew its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 2.0% during the 2nd quarter. Farmers National Bank now owns 270,702 shares of the company’s stock valued at $10,858,000 after purchasing an additional 5,372 shares during the period.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Up 1.3%

GUNR opened at $55.64 on Friday. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 16.05 and a beta of 0.72. The firm has a 50 day moving average price of $50.23 and a 200-day moving average price of $45.93. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a twelve month low of $33.42 and a twelve month high of $55.75.

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.