SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Short Interest Update

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,057,749 shares, an increase of 190.2% from the April 30th total of 364,476 shares. Based on an average trading volume of 329,207 shares, the short-interest ratio is presently 3.2 days. Approximately 1.6% of the shares of the company are sold short.

SPDR S&P Global Natural Resources ETF Stock Down 0.3%

GNR traded down $0.22 on Friday, reaching $73.55. The company had a trading volume of 404,666 shares, compared to its average volume of 384,294. SPDR S&P Global Natural Resources ETF has a 1 year low of $52.50 and a 1 year high of $76.14. The stock has a market capitalization of $4.81 billion, a PE ratio of 16.16 and a beta of 0.63. The stock has a 50-day moving average price of $74.06 and a 200-day moving average price of $69.14.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. First Command Advisory Services Inc. increased its stake in SPDR S&P Global Natural Resources ETF by 5.8% in the fourth quarter. First Command Advisory Services Inc. now owns 5,359,762 shares of the company’s stock valued at $333,056,000 after purchasing an additional 292,774 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR S&P Global Natural Resources ETF by 2,450.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,646,650 shares of the company’s stock valued at $275,128,000 after purchasing an additional 4,464,453 shares during the period. Schroder Investment Management Group acquired a new position in SPDR S&P Global Natural Resources ETF in the fourth quarter valued at $155,705,000. Pure Financial Advisors LLC increased its stake in SPDR S&P Global Natural Resources ETF by 4.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after purchasing an additional 91,337 shares during the period. Finally, Oxford Financial Group LTD. LLC increased its stake in SPDR S&P Global Natural Resources ETF by 1,026.5% in the second quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock valued at $91,718,000 after purchasing an additional 1,540,847 shares during the period.

About SPDR S&P Global Natural Resources ETF

The SPDR S&P Global Natural Resources ETF (GNR) is an exchange-traded fund that is based on the S&P Global Natural Resources index. The fund tracks an index of global companies in natural resources and\u002For commodity businesses. GNR was launched on Sep 13, 2010 and is managed by State Street.