SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Shares Shorted: Short Interest Up 200.2% in September

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 514,111 shares, an increase of 200.2% from the August 31st total of 171,272 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 418,407 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On SPDR S&P Global Natural Resources ETF

Institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth $25,000. Western Wealth Management LLC purchased a new position in SPDR S&P Global Natural Resources ETF during the first quarter worth about $27,000. Cassaday & Co Wealth Management LLC purchased a new position in SPDR S&P Global Natural Resources ETF during the first quarter worth about $29,000. Angeles Wealth Management LLC acquired a new stake in SPDR S&P Global Natural Resources ETF in the first quarter valued at about $47,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in SPDR S&P Global Natural Resources ETF in the 1st quarter valued at approximately $47,000.

SPDR S&P Global Natural Resources ETF Trading Down 0.5%

Shares of SPDR S&P Global Natural Resources ETF stock traded down $0.36 during trading hours on Friday, hitting $75.66. 408,037 shares of the company were exchanged, compared to its average volume of 348,591. SPDR S&P Global Natural Resources ETF has a 1 year low of $57.24 and a 1 year high of $80.58. The business has a 50-day moving average of $75.83 and a 200-day moving average of $73.54. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 16.16 and a beta of 0.64.

About SPDR S&P Global Natural Resources ETF

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.