CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Short Interest Update

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 26,239 shares, a growth of 49.5% from the July 30th total of 17,552 shares. Based on an average daily trading volume, of 7,510 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.0% of the company’s stock are short sold.

CoreCommodity Natural Resources ETF Stock Performance

CCNR traded up $0.03 during trading on Tuesday, reaching $41.77. 4,548 shares of the stock were exchanged, compared to its average volume of 37,105. The stock has a market cap of $19.86 billion, a P/E ratio of 12.52 and a beta of 38.15. CoreCommodity Natural Resources ETF has a twelve month low of $28.74 and a twelve month high of $43.85. The stock’s 50 day moving average price is $38.86 and its two-hundred day moving average price is $39.67.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Essex Financial Services Inc. bought a new stake in shares of CoreCommodity Natural Resources ETF in the 1st quarter valued at about $223,000. OLD Mission Capital LLC grew its holdings in 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 worth $912,000 after purchasing an additional 13,195 shares during the period. Royal Bank of Canada bought a new position in CoreCommodity Natural Resources ETF during the fourth quarter worth about $639,000. MML Investors Services LLC acquired a new position in CoreCommodity Natural Resources ETF during the fourth quarter worth approximately $239,000. Finally, LPL Financial LLC acquired a new position in CoreCommodity Natural Resources ETF during the fourth quarter worth approximately $417,000.

CoreCommodity Natural Resources ETF Company Profile

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.