Short Interest in CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Grows By 49.5%

CoreCommodity Natural Resources ETF (NASDAQ:CCNRGet Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 26,239 shares, a growth of 49.5% from the July 30th total of 17,552 shares. Based on an average daily volume of 7,510 shares, the short-interest ratio is presently 3.5 days. Approximately 0.0% of the shares of the company are sold short.

CoreCommodity Natural Resources ETF Stock Up 0.7%

Shares of NASDAQ CCNR opened at $42.01 on Thursday. The stock has a market cap of $19.97 billion, a PE ratio of 12.52 and a beta of 38.15. CoreCommodity Natural Resources ETF has a 52-week low of $28.74 and a 52-week high of $43.85. The business has a 50-day moving average price of $39.04 and a 200 day moving average price of $39.70.

Hedge Funds Weigh In On CoreCommodity Natural Resources ETF

Hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. acquired a new position in shares of CoreCommodity Natural Resources ETF in the 1st quarter valued at $5,103,000. Jane Street Group LLC acquired a new stake in CoreCommodity Natural Resources ETF during the 2nd quarter worth $501,000. LPL Financial LLC acquired a new stake in CoreCommodity Natural Resources ETF during the 4th quarter worth $417,000. MML Investors Services LLC purchased a new position in CoreCommodity Natural Resources ETF during the 4th quarter worth $239,000. Finally, Royal Bank of Canada purchased a new position in CoreCommodity Natural Resources ETF during the 4th quarter worth $639,000.

About CoreCommodity Natural Resources ETF

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The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals. CCNR was launched on Jul 10, 2024 and is issued by SS&C.

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