FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Short Interest Down 85.0% in August

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 87,323 shares, a decline of 85.0% from the July 30th total of 580,687 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,364,163 shares, the short-interest ratio is currently 0.1 days.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Performance

GUNR traded down $0.26 on Friday, hitting $56.06. 298,676 shares of the company were exchanged, compared to its average volume of 577,899. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a fifty-two week low of $42.37 and a fifty-two week high of $57.09. The firm has a market capitalization of $7.74 billion, a P/E ratio of 16.05 and a beta of 0.55. The business’s fifty day moving average is $52.18 and its 200 day moving average is $53.45.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Essential Partners LLC acquired a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the first quarter worth $61,000. Trust Co. of Vermont acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the second quarter valued at $65,000. Vestor Capital LLC increased its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.6% in the first quarter. Vestor Capital LLC now owns 2,811 shares of the company’s stock valued at $155,000 after buying an additional 199 shares in the last quarter. Advisors Preferred LLC purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund in the first quarter valued at $184,000. Finally, Carter Financial Group INC. raised its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 4.2% during the 1st quarter. Carter Financial Group INC. now owns 5,066 shares of the company’s stock worth $279,000 after buying an additional 203 shares during 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.