CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Short Interest Update

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 17,552 shares, a decrease of 40.4% from the July 15th total of 29,453 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 6,236 shares, the short-interest ratio is currently 2.8 days.

Institutional Trading of CoreCommodity Natural Resources ETF

Several hedge funds have recently made changes to their positions in CCNR. Essex Financial Services Inc. purchased a new stake in CoreCommodity Natural Resources ETF in the 1st quarter worth about $223,000. OLD Mission Capital LLC increased its stake in CoreCommodity Natural Resources ETF by 90.1% in the 4th quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock worth $912,000 after acquiring an additional 13,195 shares during the last quarter. Royal Bank of Canada purchased a new position in CoreCommodity Natural Resources ETF in the 4th quarter worth approximately $639,000. MML Investors Services LLC bought a new stake in CoreCommodity Natural Resources ETF during the fourth quarter worth about $239,000. Finally, LPL Financial LLC purchased a new position in shares of CoreCommodity Natural Resources ETF during the 4th quarter valued at about $417,000.

CoreCommodity Natural Resources ETF Trading Down 1.0%

Shares of NASDAQ:CCNR traded down $0.41 during midday trading on Tuesday, reaching $40.46. The company had a trading volume of 1,356 shares, compared to its average volume of 38,002. The stock has a market cap of $18.11 billion, a P/E ratio of 12.52 and a beta of 38.15. CoreCommodity Natural Resources ETF has a 52-week low of $27.49 and a 52-week high of $43.85. The company’s 50 day moving average price is $38.36 and its 200 day moving average price is $39.42.

CoreCommodity Natural Resources ETF Company Profile

The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals. CCNR was launched on Jul 10, 2024 and is issued by SS&C.