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 recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 8,113 shares, an increase of 107.4% from the May 14th total of 3,911 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 25,327 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On SPDR S&P North American Natural Resources ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC boosted its holdings in SPDR S&P North American Natural Resources ETF by 5.2% in the first quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock worth $16,423,000 after purchasing an additional 9,865 shares during the period. 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 boosted its holdings in SPDR S&P North American Natural Resources ETF by 17.1% in the fourth quarter. Horizon Investments LLC now owns 8,372 shares of the company’s stock worth $568,000 after purchasing an additional 1,220 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in SPDR S&P North American Natural Resources ETF by 12.8% in the third quarter. Jones Financial Companies Lllp now owns 8,016 shares of the company’s stock worth $521,000 after purchasing an additional 912 shares during the period.

SPDR S&P North American Natural Resources ETF Trading Up 1.8%

SPDR S&P North American Natural Resources ETF stock traded up $1.44 during mid-day trading on Friday, reaching $80.58. The company’s stock had a trading volume of 11,880 shares, compared to its average volume of 58,385. The firm has a market cap of $769.54 million, a price-to-earnings ratio of 18.42 and a beta of 0.56. The business has a 50 day moving average price of $82.86 and a 200-day moving average price of $78.19. SPDR S&P North American Natural Resources ETF has a twelve month low of $56.11 and a twelve month high of $86.58.

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.