CoreCommodity Natural Resources ETF (NASDAQ:CCNR – Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 9,998 shares, an increase of 292.8% from the April 30th total of 2,545 shares. Based on an average daily trading volume, of 8,610 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the shares of the stock are sold short.
Hedge Funds Weigh In On CoreCommodity Natural Resources ETF
A number of hedge funds have recently modified their holdings of CCNR. Essex Financial Services Inc. acquired a new stake in CoreCommodity Natural Resources ETF in the 1st quarter valued at $223,000. OLD Mission Capital LLC lifted its holdings in shares of CoreCommodity Natural Resources ETF by 90.1% during the fourth quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock valued at $912,000 after acquiring an additional 13,195 shares during the period. Royal Bank of Canada bought a new position in shares of CoreCommodity Natural Resources ETF during the fourth quarter valued at $639,000. MML Investors Services LLC bought a new stake in shares of CoreCommodity Natural Resources ETF in the 4th quarter worth about $239,000. Finally, LPL Financial LLC acquired a new stake in shares of CoreCommodity Natural Resources ETF during the 4th quarter worth about $417,000.
CoreCommodity Natural Resources ETF Stock Performance
Shares of CoreCommodity Natural Resources ETF stock opened at $41.15 on Friday. The firm has a market cap of $16.14 billion, a P/E ratio of 12.52 and a beta of 41.17. The firm’s 50-day simple moving average is $40.55 and its 200-day simple moving average is $37.28. CoreCommodity Natural Resources ETF has a twelve month low of $24.69 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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