Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES – Get Free Report) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,693 shares, a decline of 63.5% from the June 15th total of 4,634 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 705 shares, the days-to-cover ratio is currently 2.4 days.
Xtrackers RREEF Global Natural Resources ETF Stock Down 0.1%
NRES traded down $0.03 during trading on Wednesday, hitting $31.74. The company’s stock had a trading volume of 1,681 shares, compared to its average volume of 1,549. The firm has a market capitalization of $33.01 million, a P/E ratio of 15.81 and a beta of 0.21. Xtrackers RREEF Global Natural Resources ETF has a twelve month low of $25.14 and a twelve month high of $35.61. The stock’s fifty day moving average price is $32.83 and its 200-day moving average price is $33.18.
Xtrackers RREEF Global Natural Resources ETF Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 18th were paid a dividend of $0.2428 per share. This is a boost from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11. This represents a $0.97 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 18th.
Xtrackers RREEF Global Natural Resources ETF Company Profile
The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.
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