SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Significant Decrease in Short Interest

by · The Markets Daily

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 14,158 shares, a decrease of 62.2% from the September 15th total of 37,473 shares. Based on an average daily volume of 21,338 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are short sold.

SPDR S&P North American Natural Resources ETF Stock Performance

Shares of NYSEARCA NANR traded up $0.70 during mid-day trading on Tuesday, reaching $88.13. 41,937 shares of the company’s stock were exchanged, compared to its average volume of 45,962. The firm has a market capitalization of $837.24 million, a price-to-earnings ratio of 18.42 and a beta of 0.63. SPDR S&P North American Natural Resources ETF has a 52-week low of $61.40 and a 52-week high of $92.21. The company’s 50-day moving average is $87.57 and its 200-day moving average is $83.27.

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

Several institutional investors and hedge funds have recently bought and sold shares of NANR. Rothschild Wealth LLC acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter valued at about $4,527,000. Westwind Capital purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the 3rd quarter valued at approximately $2,274,000. Cornerstone Planning Group LLC raised its stake in shares of SPDR S&P North American Natural Resources ETF by 5.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock valued at $16,423,000 after acquiring an additional 9,865 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of SPDR S&P North American Natural Resources ETF by 7.8% in the 1st quarter. Fiduciary Alliance LLC now owns 70,858 shares of the company’s stock worth $5,895,000 after acquiring an additional 5,114 shares during the last quarter. Finally, Financial Life Planners acquired a new position in shares of SPDR S&P North American Natural Resources ETF in the 1st quarter worth approximately $72,000.

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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