SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 42,128 shares, a growth of 197.6% from the September 30th total of 14,158 shares. Based on an average daily volume of 33,006 shares, the short-interest ratio is currently 1.3 days. Currently, 0.4% of the company’s shares are sold short.
Institutional Trading of SPDR S&P North American Natural Resources ETF
Institutional investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC lifted its position in shares of SPDR S&P North American Natural Resources ETF by 5.2% in the first quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock worth $16,423,000 after buying an additional 9,865 shares in the last quarter. Westwind Capital purchased a new stake in shares of SPDR S&P North American Natural Resources ETF during the 3rd quarter worth about $2,274,000. Root Financial Partners LLC acquired a new position in SPDR S&P North American Natural Resources ETF during the third quarter worth about $70,000. Finally, Financial Life Planners purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the 1st quarter valued at approximately $72,000.
SPDR S&P North American Natural Resources ETF Stock Down 0.5%
Shares of NYSEARCA:NANR traded down $0.44 during midday trading on Friday, hitting $86.83. The stock had a trading volume of 13,205 shares, compared to its average volume of 44,373. The company’s 50-day moving average price is $88.05 and its 200-day moving average price is $82.77. SPDR S&P North American Natural Resources ETF has a fifty-two week low of $61.40 and a fifty-two week high of $92.21. The company has a market capitalization of $830.96 million, a P/E ratio of 18.42 and a beta of 0.63.
About SPDR S&P North American Natural Resources ETF
The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.
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