CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Short Interest Up 205.5% in April

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 2,545 shares, an increase of 205.5% from the April 15th total of 833 shares. Based on an average trading volume of 6,110 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

CoreCommodity Natural Resources ETF Trading Down 1.6%

NASDAQ:CCNR traded down $0.68 on Friday, hitting $41.28. 925 shares of the company’s stock traded hands, compared to its average volume of 42,000. CoreCommodity Natural Resources ETF has a 1 year low of $24.31 and a 1 year high of $43.85. The firm has a 50-day moving average price of $40.06 and a 200-day moving average price of $36.57. The company has a market cap of $17.01 billion, a PE ratio of 12.52 and a beta of 41.17.

Hedge Funds Weigh In On CoreCommodity Natural Resources ETF

Several institutional investors and hedge funds have recently bought and sold shares of CCNR. Goldman Sachs Group Inc. purchased a new position in CoreCommodity Natural Resources ETF during the 1st quarter valued at about $5,103,000. Royal Bank of Canada purchased a new position in CoreCommodity Natural Resources ETF during the 4th quarter valued at about $639,000. Jane Street Group LLC purchased a new position in CoreCommodity Natural Resources ETF during the 2nd quarter valued at about $501,000. OLD Mission Capital LLC grew its stake in CoreCommodity Natural Resources ETF by 90.1% during the 4th quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock valued at $912,000 after acquiring an additional 13,195 shares in the last quarter. Finally, LPL Financial LLC purchased a new position in CoreCommodity Natural Resources ETF during the 4th quarter valued at about $417,000.

CoreCommodity Natural Resources ETF Company Profile

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.