Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Stock Short Interest Report for October

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 43 shares, a drop of 93.5% from the October 15th total of 658 shares. Based on an average daily volume of 76 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Xtrackers RREEF Global Natural Resources ETF Stock Down 1.0%

Shares of Xtrackers RREEF Global Natural Resources ETF stock traded down $0.33 on Thursday, reaching $32.70. The company’s stock had a trading volume of 19 shares, compared to its average volume of 1,210. The company has a market capitalization of $34.01 million, a P/E ratio of 13.32 and a beta of 0.24. Xtrackers RREEF Global Natural Resources ETF has a 52-week low of $27.14 and a 52-week high of $36.43. The stock has a 50-day moving average price of $34.26 and a 200-day moving average price of $33.85.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 18th were paid a $0.1088 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.44 dividend on an annualized basis and a yield of 1.3%. This is a decrease from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.2428.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.