SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Short Interest Update

by · The Cerbat Gem

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 208,964 shares, a decrease of 28.3% from the November 30th total of 291,425 shares. Based on an average daily trading volume, of 186,621 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 186,621 shares, the days-to-cover ratio is currently 1.1 days.

SPDR S&P Global Natural Resources ETF Trading Down 0.6%

NYSEARCA GNR traded down $0.35 during mid-day trading on Wednesday, hitting $62.14. The company’s stock had a trading volume of 404,214 shares, compared to its average volume of 272,238. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of 16.16 and a beta of 0.81. The company’s 50 day simple moving average is $60.45 and its 200 day simple moving average is $58.16. SPDR S&P Global Natural Resources ETF has a twelve month low of $45.18 and a twelve month high of $62.96.

Institutional Investors Weigh In On SPDR S&P Global Natural Resources ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GNR. Qube Research & Technologies Ltd purchased a new stake in SPDR S&P Global Natural Resources ETF in the 3rd quarter valued at about $28,000. NBT Bank N A NY boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 650.0% in the 2nd quarter. NBT Bank N A NY now owns 750 shares of the company’s stock worth $41,000 after buying an additional 650 shares during the last quarter. CWM LLC increased its holdings in SPDR S&P Global Natural Resources ETF by 140.0% during the third quarter. CWM LLC now owns 864 shares of the company’s stock worth $51,000 after buying an additional 504 shares during the last quarter. Smartleaf Asset Management LLC purchased a new position in SPDR S&P Global Natural Resources ETF in the third quarter valued at about $79,000. Finally, Private Trust Co. NA increased its stake in shares of SPDR S&P Global Natural Resources ETF by 294.6% during the 2nd quarter. Private Trust Co. NA now owns 1,815 shares of the company’s stock worth $98,000 after purchasing an additional 1,355 shares during the last quarter.

About SPDR S&P Global Natural Resources ETF

(Get Free Report)

The SPDR S&P Global Natural Resources ETF (GNR) is an exchange-traded fund that is based on the S&P Global Natural Resources index. The fund tracks an index of global companies in natural resources and\u002For commodity businesses. GNR was launched on Sep 13, 2010 and is managed by State Street.

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