Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 465 shares, a drop of 75.4% from the July 15th total of 1,890 shares. Based on an average daily volume of 790 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are short sold.
Xtrackers RREEF Global Natural Resources ETF Stock Up 0.7%
Shares of Xtrackers RREEF Global Natural Resources ETF stock traded up $0.26 on Friday, reaching $34.30. The company’s stock had a trading volume of 18 shares, compared to its average volume of 1,389. The company has a market capitalization of $35.68 million, a price-to-earnings ratio of 15.81 and a beta of 0.18. The firm’s fifty day simple moving average is $32.21 and its two-hundred day simple moving average is $33.52. Xtrackers RREEF Global Natural Resources ETF has a 52 week low of $25.75 and a 52 week high of $35.61.
Xtrackers RREEF Global Natural Resources ETF Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 18th were given a dividend of $0.2428 per share. This represents a $0.97 annualized dividend and a dividend yield of 2.8%. This is a boost from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11. 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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