SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Stock Short Interest Rises 197.6%

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 42,128 shares, a growth of 197.6% from the September 30th total of 14,158 shares. Based on an average daily trading volume, of 33,006 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

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

Several institutional investors have recently added to or reduced their stakes in NANR. Westwind Capital acquired a new stake in shares of SPDR S&P North American Natural Resources ETF in the third quarter valued at $2,274,000. Cornerstone Planning Group LLC lifted its stake in SPDR S&P North American Natural Resources ETF by 5.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock worth $16,423,000 after acquiring an additional 9,865 shares in the last quarter. Financial Life Planners acquired a new position in SPDR S&P North American Natural Resources ETF during the 1st quarter worth about $72,000. Finally, Root Financial Partners LLC purchased a new position in SPDR S&P North American Natural Resources ETF during the 3rd quarter valued at about $70,000.

SPDR S&P North American Natural Resources ETF Stock Performance

Shares of NYSEARCA NANR traded down $0.94 during trading on Thursday, hitting $86.96. 6,016 shares of the company were exchanged, compared to its average volume of 44,506. The company has a fifty day moving average price of $88.08 and a 200-day moving average price of $82.69. The firm has a market capitalization of $832.20 million, a PE ratio of 18.42 and a beta of 0.63. SPDR S&P North American Natural Resources ETF has a 12-month low of $61.40 and a 12-month high of $92.21.

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.