Short Interest in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Expands By 108.1%

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 8,551 shares, a growth of 108.1% from the January 29th total of 4,109 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 44,335 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 44,335 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR S&P North American Natural Resources ETF

Several institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new position in SPDR S&P North American Natural Resources ETF during the 2nd quarter valued at about $195,000. Fiduciary Alliance LLC boosted its position in shares of SPDR S&P North American Natural Resources ETF by 6.5% during the third quarter. Fiduciary Alliance LLC now owns 50,294 shares of the company’s stock valued at $3,249,000 after buying an additional 3,081 shares during the period. Horizon Investments LLC raised its holdings in shares of SPDR S&P North American Natural Resources ETF by 46.3% in the third quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock worth $462,000 after buying an additional 2,265 shares during the period. Triumph Capital Management bought a new stake in shares of SPDR S&P North American Natural Resources ETF during the 3rd quarter worth approximately $204,000. Finally, Virtue Capital Management LLC purchased a new position in SPDR S&P North American Natural Resources ETF during the 4th quarter valued at $268,000.

SPDR S&P North American Natural Resources ETF Trading Up 0.8%

NYSEARCA:NANR traded up $0.67 during midday trading on Friday, hitting $84.83. 8,923 shares of the company traded hands, compared to its average volume of 75,357. The firm’s fifty day moving average is $75.83 and its 200-day moving average is $67.95. SPDR S&P North American Natural Resources ETF has a 12-month low of $46.37 and a 12-month high of $85.00. The firm has a market capitalization of $950.14 million, a P/E ratio of 18.42 and a beta of 0.75.

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.