Short Interest in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Drops By 37.5%

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 1,500 shares, a decline of 37.5% from the May 15th total of 2,400 shares. Based on an average daily trading volume, of 52,700 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

SPDR S&P North American Natural Resources ETF Trading Up 0.2%

NANR stock traded up $0.10 during trading on Monday, hitting $57.72. The company had a trading volume of 13,090 shares, compared to its average volume of 46,865. The business has a 50 day moving average of $53.44 and a 200 day moving average of $53.65. The firm has a market capitalization of $659.75 million, a price-to-earnings ratio of 17.28 and a beta of 0.75. SPDR S&P North American Natural Resources ETF has a fifty-two week low of $46.37 and a fifty-two week high of $58.91.

Hedge Funds Weigh In On SPDR S&P North American Natural Resources ETF

Several hedge funds have recently modified their holdings of the company. Horizon Investments LLC increased its holdings in shares of SPDR S&P North American Natural Resources ETF by 8.7% in the fourth quarter. Horizon Investments LLC now owns 3,862 shares of the company’s stock valued at $197,000 after buying an additional 308 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in SPDR S&P North American Natural Resources ETF by 10.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,677 shares of the company’s stock valued at $188,000 after buying an additional 354 shares in the last quarter. NBC Securities Inc. lifted its stake in shares of SPDR S&P North American Natural Resources ETF by 120,100.0% in the first quarter. NBC Securities Inc. now owns 1,202 shares of the company’s stock worth $66,000 after buying an additional 1,201 shares during the last quarter. Fiduciary Alliance LLC increased its position in SPDR S&P North American Natural Resources ETF by 6.3% in the 1st quarter. Fiduciary Alliance LLC now owns 47,188 shares of the company’s stock worth $2,620,000 after buying an additional 2,778 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in SPDR S&P North American Natural Resources ETF in the 1st quarter valued at $805,000.

SPDR S&P North American Natural Resources ETF Company Profile

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.