Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Update

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 465 shares, a decline of 75.4% from the July 15th total of 1,890 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 790 shares, the days-to-cover ratio is presently 0.6 days.

Xtrackers RREEF Global Natural Resources ETF Price Performance

NRES stock traded down $0.00 during trading hours on Friday, reaching $34.05. 19 shares of the stock were exchanged, compared to its average volume of 1,389. The firm’s 50-day moving average is $32.21 and its 200-day moving average is $33.52. The company has a market cap of $35.41 million, a price-to-earnings ratio of 15.81 and a beta of 0.18. Xtrackers RREEF Global Natural Resources ETF has a 12 month low of $25.75 and a 12 month high of $35.61.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 18th were given a dividend of $0.2428 per share. This is an increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11. This represents a $0.97 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, June 18th.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.