CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Shares Shorted: Short Interest Up 72.9% in October

CoreCommodity Natural Resources ETF (NASDAQ:CCNR – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 37,368 shares, an increase of 72.9% from the September 30th total of 21,612 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 22,459 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Investors Weigh In On CoreCommodity Natural Resources ETF

Large investors have recently bought and sold shares of the stock. Wavvest Wealth LLC acquired a new position in CoreCommodity Natural Resources ETF during the 3rd quarter valued at about $368,000. Integrated Wealth Concepts LLC purchased a new stake in CoreCommodity Natural Resources ETF during the second quarter worth about $71,000. Finally, Essex Financial Services Inc. purchased a new stake in CoreCommodity Natural Resources ETF in the first quarter worth $223,000.

CoreCommodity Natural Resources ETF Stock Down 1.5%

Shares of CoreCommodity Natural Resources ETF stock opened at $37.56 on Tuesday. The company has a 50-day simple moving average of $39.84 and a two-hundred day simple moving average of $39.44. CoreCommodity Natural Resources ETF has a twelve month low of $30.50 and a twelve month high of $43.85. The stock has a market capitalization of $429.31 million, a price-to-earnings ratio of 12.97 and a beta of 0.52.

CoreCommodity Natural Resources ETF Company Profile

(Get Free Report)

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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