SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Short Interest Up 263.6% in June

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 29,498 shares, a growth of 263.6% from the May 31st total of 8,113 shares. Based on an average daily trading volume, of 22,414 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC raised its position in shares of SPDR S&P North American Natural Resources ETF by 3,764,700.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 188,240 shares of the company’s stock valued at $12,768,000 after purchasing an additional 188,235 shares during the period. Rothschild Wealth LLC purchased a new stake in SPDR S&P North American Natural Resources ETF in the 4th quarter worth $4,527,000. Fiduciary Alliance LLC increased its stake in SPDR S&P North American Natural Resources ETF by 30.7% in the 4th quarter. Fiduciary Alliance LLC now owns 65,744 shares of the company’s stock worth $4,459,000 after buying an additional 15,450 shares in the last quarter. Captrust Financial Advisors bought a new stake in SPDR S&P North American Natural Resources ETF during the fourth quarter valued at about $524,000. Finally, Farther Finance Advisors LLC bought a new stake in SPDR S&P North American Natural Resources ETF during the fourth quarter valued at about $287,000.

SPDR S&P North American Natural Resources ETF Trading Down 0.1%

NYSEARCA:NANR traded down $0.09 during trading hours on Friday, reaching $76.11. The company had a trading volume of 15,943 shares, compared to its average volume of 55,708. The firm has a market cap of $726.85 million, a price-to-earnings ratio of 18.42 and a beta of 0.56. The firm’s 50 day moving average price is $81.61 and its 200-day moving average price is $79.00. SPDR S&P North American Natural Resources ETF has a 52 week low of $56.11 and a 52 week high of $86.58.

SPDR S&P North American Natural Resources ETF Company Profile

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.