Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Up 66.7% in September

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 500 shares, a growth of 66.7% from the September 15th total of 300 shares. Based on an average trading volume of 11,400 shares, the days-to-cover ratio is presently 0.0 days.

Xtrackers RREEF Global Natural Resources ETF Stock Up 0.5 %

Shares of NRES traded up $0.15 during trading hours on Friday, hitting $27.36. The company had a trading volume of 409 shares, compared to its average volume of 5,040. The business has a fifty day moving average of $26.62 and a 200-day moving average of $27.10. The firm has a market cap of $11.77 million, a price-to-earnings ratio of 12.65 and a beta of 0.60. Xtrackers RREEF Global Natural Resources ETF has a 12 month low of $24.96 and a 12 month high of $28.58.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 20th were given a dividend of $0.1018 per share. This represents a $0.41 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend was Friday, September 20th.

About Xtrackers RREEF Global Natural Resources ETF

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.