Short Interest in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Grows By 47.3%

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 307,833 shares, a growth of 47.3% from the December 15th total of 208,964 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 263,119 shares, the short-interest ratio is presently 1.2 days. Based on an average trading volume of 263,119 shares, the short-interest ratio is presently 1.2 days. Currently, 0.5% of the company’s stock are sold short.

SPDR S&P Global Natural Resources ETF Trading Down 0.6%

GNR stock traded down $0.40 during midday trading on Friday, hitting $66.54. The company’s stock had a trading volume of 198,735 shares, compared to its average volume of 232,721. The company has a market cap of $4.09 billion, a PE ratio of 16.16 and a beta of 0.81. SPDR S&P Global Natural Resources ETF has a 12 month low of $45.18 and a 12 month high of $68.11. The firm’s 50-day moving average is $61.92 and its 200-day moving average is $59.04.

Institutional Investors Weigh In On SPDR S&P Global Natural Resources ETF

Large investors have recently bought and sold shares of the business. Creative Planning boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 28.4% in the second quarter. Creative Planning now owns 20,847 shares of the company’s stock worth $1,131,000 after buying an additional 4,610 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in SPDR S&P Global Natural Resources ETF during the third quarter valued at approximately $974,000. Almanack Investment Partners LLC. purchased a new position in shares of SPDR S&P Global Natural Resources ETF during the 3rd quarter worth $731,000. Pure Financial Advisors LLC boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 5.0% during the 3rd quarter. Pure Financial Advisors LLC now owns 2,049,457 shares of the company’s stock worth $121,348,000 after acquiring an additional 96,855 shares during the last quarter. Finally, Perigon Wealth Management LLC grew its position in shares of SPDR S&P Global Natural Resources ETF by 1.0% during the 2nd quarter. Perigon Wealth Management LLC now owns 21,103 shares of the company’s stock valued at $1,145,000 after acquiring an additional 215 shares during the period.

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.