FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,176,781 shares, a growth of 290.5% from the September 15th total of 301,383 shares. Based on an average daily volume of 420,695 shares, the short-interest ratio is presently 2.8 days. Currently, 0.9% of the company’s shares are sold short.
Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund
Several institutional investors have recently made changes to their positions in the company. NBT Bank N A NY increased its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 1.4% during the first quarter. NBT Bank N A NY now owns 926,707 shares of the company’s stock worth $51,117,000 after acquiring an additional 12,539 shares during the last quarter. Versant Capital Management Inc raised its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 3.2% in the third quarter. Versant Capital Management Inc now owns 912,469 shares of the company’s stock valued at $48,124,000 after purchasing an additional 28,628 shares during the period. Farmers National Bank lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.7% in the 1st quarter. Farmers National Bank now owns 280,230 shares of the company’s stock valued at $15,457,000 after purchasing an additional 1,865 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 193,462 shares of the company’s stock valued at $10,672,000 after purchasing an additional 789 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 2.7% during the 3rd quarter. CoreCap Advisors LLC now owns 182,164 shares of the company’s stock worth $9,607,000 after purchasing an additional 4,777 shares during the period.
FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Up 0.3%
NYSEARCA:GUNR traded up $0.16 on Monday, hitting $54.04. The stock had a trading volume of 484,380 shares, compared to its average volume of 544,534. The stock has a market cap of $7.06 billion, a price-to-earnings ratio of 16.05 and a beta of 0.58. The company has a fifty day moving average price of $54.81 and a two-hundred day moving average price of $53.70. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a 1-year low of $42.53 and a 1-year high of $58.07.
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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