Short Interest in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Increases By 157.4%

by · The Cerbat Gem

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 34,411 shares, a growth of 157.4% from the December 15th total of 13,371 shares. Based on an average trading volume of 19,444 shares, the short-interest ratio is currently 1.8 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 19,444 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of SPDR S&P North American Natural Resources ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fiduciary Alliance LLC raised its stake in shares of SPDR S&P North American Natural Resources ETF by 6.5% in the third quarter. Fiduciary Alliance LLC now owns 50,294 shares of the company’s stock worth $3,249,000 after buying an additional 3,081 shares during the period. Jones Financial Companies Lllp increased its holdings in SPDR S&P North American Natural Resources ETF by 12.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,016 shares of the company’s stock worth $521,000 after acquiring an additional 912 shares in the last quarter. Horizon Investments LLC raised its stake in SPDR S&P North American Natural Resources ETF by 46.3% during the 3rd quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock worth $462,000 after acquiring an additional 2,265 shares during the period. Atlantic Union Bankshares Corp purchased a new position in SPDR S&P North American Natural Resources ETF during the second quarter valued at approximately $195,000. Finally, Triumph Capital Management bought a new position in shares of SPDR S&P North American Natural Resources ETF in the third quarter worth approximately $204,000.

SPDR S&P North American Natural Resources ETF Stock Performance

Shares of NANR stock traded down $0.07 during mid-day trading on Thursday, reaching $74.75. 28,668 shares of the company’s stock traded hands, compared to its average volume of 38,707. SPDR S&P North American Natural Resources ETF has a 12 month low of $46.37 and a 12 month high of $75.20. The firm has a 50 day moving average price of $67.65 and a two-hundred day moving average price of $63.47. The firm has a market capitalization of $839.44 million, a PE ratio of 18.42 and a beta of 0.75.

About SPDR S&P North American Natural Resources ETF

(Get Free Report)

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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