SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 8,113 shares, a growth of 107.4% from the May 14th total of 3,911 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 25,327 shares, the short-interest ratio is currently 0.3 days.
Institutional Trading of SPDR S&P North American Natural Resources ETF
Several institutional investors have recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC bought a new stake in SPDR S&P North American Natural Resources ETF during the fourth quarter valued at $25,000. Financial Life Planners acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the first quarter worth $72,000. Triumph Capital Management acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the third quarter worth $204,000. Virtue Capital Management LLC acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter worth $268,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter worth $287,000.
SPDR S&P North American Natural Resources ETF Price Performance
NANR traded up $0.44 during trading on Monday, hitting $81.02. The company had a trading volume of 5,214 shares, compared to its average volume of 57,911. The company has a market cap of $773.74 million, a PE ratio of 18.42 and a beta of 0.56. The business has a 50-day moving average of $82.86 and a 200-day moving average of $78.29. SPDR S&P North American Natural Resources ETF has a 1-year low of $56.11 and a 1-year 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.
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