SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 37,473 shares, a growth of 197.1% from the August 31st total of 12,614 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,886 shares, the short-interest ratio is currently 1.5 days.
SPDR S&P North American Natural Resources ETF Stock Performance
SPDR S&P North American Natural Resources ETF stock traded down $0.18 during midday trading on Friday, hitting $86.09. 18,311 shares of the company’s stock were exchanged, compared to its average volume of 47,125. The company has a market cap of $813.55 million, a P/E ratio of 18.42 and a beta of 0.60. The stock has a 50-day moving average price of $86.24 and a two-hundred day moving average price of $82.90. SPDR S&P North American Natural Resources ETF has a 52-week low of $61.40 and a 52-week high of $92.21.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Financial Life Planners bought a new position in shares of SPDR S&P North American Natural Resources ETF in the first quarter worth approximately $72,000. Fiduciary Alliance LLC lifted its position in SPDR S&P North American Natural Resources ETF by 7.8% during the first quarter. Fiduciary Alliance LLC now owns 70,858 shares of the company’s stock valued at $5,895,000 after purchasing an additional 5,114 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in SPDR S&P North American Natural Resources ETF by 5.2% during the first quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock valued at $16,423,000 after purchasing an additional 9,865 shares during the last quarter. Finally, Rothschild Wealth LLC purchased a new position in SPDR S&P North American Natural Resources ETF in the 4th quarter worth approximately $4,527,000.
SPDR S&P North American Natural Resources ETF Company Profile
The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.
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