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

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 37,473 shares, a growth of 197.1% from the August 31st total of 12,614 shares. Based on an average daily volume of 24,886 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of SPDR S&P North American Natural Resources ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC increased 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 purchasing an additional 9,865 shares during the last quarter. Financial Life Planners purchased a new position in shares of SPDR S&P North American Natural Resources ETF in the first quarter valued at $72,000. Fiduciary Alliance LLC increased its position in shares of SPDR S&P North American Natural Resources ETF by 7.8% during the first quarter. Fiduciary Alliance LLC now owns 70,858 shares of the company’s stock valued at $5,895,000 after buying an additional 5,114 shares during the period. Finally, Rothschild Wealth LLC purchased a new stake in SPDR S&P North American Natural Resources ETF in the 4th quarter worth approximately $4,527,000.

SPDR S&P North American Natural Resources ETF Stock Performance

Shares of SPDR S&P North American Natural Resources ETF stock traded down $0.18 during trading hours on Friday, reaching $86.09. The company’s stock had a trading volume of 18,311 shares, compared to its average volume of 47,125. The company has a market capitalization of $813.55 million, a P/E ratio of 18.42 and a beta of 0.60. SPDR S&P North American Natural Resources ETF has a one year low of $61.40 and a one year high of $92.21. The stock’s fifty day simple moving average is $86.24 and its two-hundred day simple moving average is $82.90.

SPDR S&P North American Natural Resources ETF Company Profile

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.