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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 114,801 shares, a decrease of 47.1% from the June 30th total of 216,953 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 298,187 shares, the days-to-cover ratio is currently 0.4 days.

SPDR S&P Global Natural Resources ETF Price Performance

GNR stock traded up $1.41 during midday trading on Thursday, reaching $73.16. The company had a trading volume of 132,395 shares, compared to its average volume of 341,551. SPDR S&P Global Natural Resources ETF has a 1-year low of $53.92 and a 1-year high of $76.14. The stock has a 50 day moving average price of $70.45 and a 200-day moving average price of $71.85. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 16.16 and a beta of 0.63.

Institutional Trading of SPDR S&P Global Natural Resources ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Fiduciary Financial Group LLC increased its stake in SPDR S&P Global Natural Resources ETF by 15.4% in the second quarter. Fiduciary Financial Group LLC now owns 178,050 shares of the company’s stock valued at $11,985,000 after acquiring an additional 23,778 shares during the last quarter. Sterling Investment Advisors LLC ADV lifted its stake in SPDR S&P Global Natural Resources ETF by 2.4% during the second quarter. Sterling Investment Advisors LLC ADV now owns 81,023 shares of the company’s stock worth $5,454,000 after purchasing an additional 1,901 shares during the last quarter. Chemistry Wealth Management LLC lifted its stake in SPDR S&P Global Natural Resources ETF by 1.3% during the second quarter. Chemistry Wealth Management LLC now owns 36,901 shares of the company’s stock worth $2,484,000 after purchasing an additional 484 shares during the last quarter. White Wing Wealth Management acquired a new stake in shares of SPDR S&P Global Natural Resources ETF in the 2nd quarter valued at $234,000. Finally, Fermata Advisors LLC boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 66.9% in the 2nd quarter. Fermata Advisors LLC now owns 15,490 shares of the company’s stock valued at $1,043,000 after purchasing an additional 6,211 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Company Profile

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.