Short Interest in Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Decreases By 93.3%

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 400 shares, a drop of 93.3% from the August 15th total of 6,000 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 0.0 days.

Xtrackers RREEF Global Natural Resources ETF Stock Up 1.5 %

Shares of NASDAQ:NRES traded up $0.39 during trading on Thursday, hitting $25.83. The stock had a trading volume of 1 shares, compared to its average volume of 5,040. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $24.96 and a 12-month high of $28.58. The stock has a market capitalization of $11.11 million, a price-to-earnings ratio of 12.65 and a beta of 0.60. The stock has a 50-day simple moving average of $26.59 and a two-hundred day simple moving average of $26.95.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 21st were issued a dividend of $0.2153 per share. This represents a $0.86 annualized dividend and a yield of 3.33%. This is a positive change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Friday, June 21st.

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.