Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Stock Short Interest Report for September

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 46 shares, a drop of 81.7% from the September 15th total of 251 shares. Based on an average daily trading volume, of 296 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

Shares of Xtrackers RREEF Global Natural Resources ETF stock traded up $0.14 on Monday, hitting $34.33. 214 shares of the company traded hands, compared to its average volume of 1,331. The stock has a market capitalization of $35.70 million, a P/E ratio of 15.81 and a beta of 0.25. Xtrackers RREEF Global Natural Resources ETF has a 52 week low of $26.78 and a 52 week high of $36.43. The business has a 50-day simple moving average of $34.79 and a 200 day simple moving average of $33.81.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 18th were paid a dividend of $0.1088 per share. The ex-dividend date of this dividend was Friday, September 18th. This is a negative change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.2428. This represents a $0.44 annualized dividend and a yield of 1.3%.

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.