CoreCommodity Natural Resources ETF (NASDAQ:CCNR – Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 35,686 shares, a decrease of 73.5% from the June 15th total of 134,694 shares. Based on an average daily 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.
Institutional Trading of CoreCommodity Natural Resources ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Essex Financial Services Inc. acquired a new position in CoreCommodity Natural Resources ETF in the 1st quarter valued at $223,000. MML Investors Services LLC acquired a new stake in CoreCommodity Natural Resources ETF during the 4th quarter worth $239,000. LPL Financial LLC acquired a new stake in CoreCommodity Natural Resources ETF during the 4th quarter worth $417,000. Jane Street Group LLC purchased a new stake in shares of CoreCommodity Natural Resources ETF during the second quarter worth $501,000. Finally, Royal Bank of Canada purchased a new stake in shares of CoreCommodity Natural Resources ETF during the fourth quarter worth $639,000.
CoreCommodity Natural Resources ETF Stock Up 0.8%
Shares of NASDAQ CCNR traded up $0.30 during midday trading on Friday, reaching $37.50. 610,042 shares of the stock were exchanged, compared to its average volume of 44,540. The firm has a market cap of $13.85 billion, a price-to-earnings ratio of 12.52 and a beta of 36.99. The firm has a 50-day simple moving average of $39.72 and a two-hundred day simple moving average of $38.70. CoreCommodity Natural Resources ETF has a twelve month low of $26.20 and a twelve month high of $43.85.
About CoreCommodity Natural Resources ETF
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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