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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 531,209 shares, an increase of 72.6% from the December 31st total of 307,833 shares. Based on an average daily trading volume, of 236,172 shares, the short-interest ratio is currently 2.2 days. Currently, 0.9% of the company’s stock are short sold. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 236,172 shares, the short-interest ratio is currently 2.2 days.

SPDR S&P Global Natural Resources ETF Stock Down 4.1%

NYSEARCA GNR traded down $2.89 during trading hours on Friday, hitting $68.15. 548,064 shares of the company were exchanged, compared to its average volume of 361,808. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 16.16 and a beta of 0.81. The company has a 50 day moving average of $63.73 and a two-hundred day moving average of $59.94. SPDR S&P Global Natural Resources ETF has a 52-week low of $45.18 and a 52-week high of $72.58.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 166.7% in the fourth quarter. Signaturefd LLC now owns 400 shares of the company’s stock valued at $25,000 after acquiring an additional 250 shares during the period. Qube Research & Technologies Ltd purchased a new stake in SPDR S&P Global Natural Resources ETF in the 3rd quarter valued at $28,000. NBT Bank N A NY boosted its stake in SPDR S&P Global Natural Resources ETF by 650.0% during the 2nd quarter. NBT Bank N A NY now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 650 shares during the period. 4Thought Financial Group Inc. acquired a new stake in SPDR S&P Global Natural Resources ETF during the 4th quarter worth $49,000. Finally, CWM LLC grew its position in SPDR S&P Global Natural Resources ETF by 140.0% during the 3rd quarter. CWM LLC now owns 864 shares of the company’s stock worth $51,000 after purchasing an additional 504 shares during the last quarter.

About SPDR S&P Global Natural Resources ETF

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.