CoreCommodity Natural Resources ETF (NASDAQ:CCNR – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 35,686 shares, a decline of 73.5% from the June 15th total of 134,694 shares. Based on an average daily trading volume, of 32,904 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the shares of the company are sold short.
CoreCommodity Natural Resources ETF Stock Performance
CCNR stock traded up $0.53 during midday trading on Tuesday, reaching $37.94. The stock had a trading volume of 1,046 shares, compared to its average volume of 43,928. The stock has a market cap of $14.13 billion, a PE ratio of 12.52 and a beta of 36.99. The firm has a fifty day simple moving average of $39.64 and a two-hundred day simple moving average of $38.73. CoreCommodity Natural Resources ETF has a 52-week low of $26.20 and a 52-week high of $43.85.
Hedge Funds Weigh In On CoreCommodity Natural Resources ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Essex Financial Services Inc. acquired a new stake in CoreCommodity Natural Resources ETF during the first quarter worth about $223,000. MML Investors Services LLC acquired a new position in CoreCommodity Natural Resources ETF in the fourth quarter valued at approximately $239,000. LPL Financial LLC purchased a new stake in CoreCommodity Natural Resources ETF in the 4th quarter worth approximately $417,000. OLD Mission Capital LLC boosted its position in CoreCommodity Natural Resources ETF by 90.1% in the 4th quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock worth $912,000 after purchasing an additional 13,195 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of CoreCommodity Natural Resources ETF during the 2nd quarter worth approximately $501,000.
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.
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