CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sees Large Growth in Short Interest

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 57,469 shares, an increase of 119.0% from the August 15th total of 26,239 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 20,804 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Investors Weigh In On CoreCommodity Natural Resources ETF

An institutional investor recently bought a new stake in CoreCommodity Natural Resources ETF stock. Integrated Wealth Concepts LLC bought a new stake in shares of CoreCommodity Natural Resources ETF (NASDAQ:CCNR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,899 shares of the company’s stock, valued at approximately $71,000.

CoreCommodity Natural Resources ETF Price Performance

Shares of CCNR opened at $41.02 on Wednesday. The firm has a market capitalization of $467.01 million, a P/E ratio of 12.52 and a beta of 41.75. CoreCommodity Natural Resources ETF has a one year low of $29.57 and a one year high of $43.85. The business has a fifty day moving average of $39.87 and a 200 day moving average of $39.84.

About CoreCommodity Natural Resources ETF

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.