SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Short Interest Update

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 29,498 shares, a growth of 263.6% from the May 31st total of 8,113 shares. Based on an average daily volume of 22,414 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in NANR. Cornerstone Planning Group LLC raised its position in shares of SPDR S&P North American Natural Resources ETF by 5.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock valued at $16,423,000 after acquiring an additional 9,865 shares in the last quarter. Fiduciary Alliance LLC boosted its holdings in SPDR S&P North American Natural Resources ETF by 7.8% in the first quarter. Fiduciary Alliance LLC now owns 70,858 shares of the company’s stock worth $5,895,000 after purchasing an additional 5,114 shares during the period. Rothschild Wealth LLC acquired a new position in SPDR S&P North American Natural Resources ETF in the fourth quarter worth $4,527,000. Horizon Investments LLC increased its stake in SPDR S&P North American Natural Resources ETF by 17.1% during the fourth quarter. Horizon Investments LLC now owns 8,372 shares of the company’s stock valued at $568,000 after purchasing an additional 1,220 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter worth $524,000.

SPDR S&P North American Natural Resources ETF Price Performance

NYSEARCA:NANR traded down $0.69 during mid-day trading on Monday, reaching $75.42. The stock had a trading volume of 3,350 shares, compared to its average volume of 55,274. The company has a market capitalization of $720.26 million, a price-to-earnings ratio of 18.42 and a beta of 0.56. SPDR S&P North American Natural Resources ETF has a 1-year low of $56.28 and a 1-year high of $86.58. The stock’s 50 day simple moving average is $81.61 and its two-hundred day simple moving average is $79.09.

About SPDR S&P North American Natural Resources ETF

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.