SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Short Interest Up 1,210.9% in December

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 13,371 shares, a growth of 1,210.9% from the November 30th total of 1,020 shares. Based on an average daily trading volume, of 24,156 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 24,156 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of SPDR S&P North American Natural Resources ETF

Several hedge funds and other institutional investors have recently modified their holdings of NANR. CoreCap Advisors LLC lifted its stake in shares of SPDR S&P North American Natural Resources ETF by 62.8% during the 3rd quarter. CoreCap Advisors LLC now owns 451 shares of the company’s stock valued at $29,000 after buying an additional 174 shares in the last quarter. Root Financial Partners LLC bought a new stake in SPDR S&P North American Natural Resources ETF during the 3rd quarter valued at $71,000. Triumph Capital Management purchased a new stake in shares of SPDR S&P North American Natural Resources ETF during the third quarter worth $204,000. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR S&P North American Natural Resources ETF during the second quarter worth $195,000. Finally, Horizon Investments LLC boosted its holdings in shares of SPDR S&P North American Natural Resources ETF by 46.3% in the third quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock worth $462,000 after acquiring an additional 2,265 shares during the period.

SPDR S&P North American Natural Resources ETF Stock Down 0.3%

NANR traded down $0.21 during trading hours on Wednesday, hitting $68.64. The stock had a trading volume of 8,741 shares, compared to its average volume of 43,733. The company’s fifty day simple moving average is $65.37 and its 200 day simple moving average is $62.00. SPDR S&P North American Natural Resources ETF has a 1 year low of $46.37 and a 1 year high of $69.56. The stock has a market cap of $773.57 million, a PE ratio of 18.42 and a beta of 0.75.

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.