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) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 1,448,644 shares, a growth of 368.7% from the January 29th total of 309,083 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 661,237 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 661,237 shares, the short-interest ratio is presently 2.2 days. Currently, 1.1% of the company’s stock are sold short.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Performance

FlexShares Morningstar Global Upstream Natural Resources Index Fund stock traded up $0.74 during mid-day trading on Friday, reaching $55.64. 432,089 shares of the company were exchanged, compared to its average volume of 720,102. The firm has a market cap of $7.32 billion, a P/E ratio of 16.05 and a beta of 0.72. The business has a fifty day moving average of $50.23 and a 200 day moving average of $45.93. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 12-month low of $33.42 and a 12-month high of $55.75.

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

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