SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Short Interest Update

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 8,113 shares, an increase of 107.4% from the May 14th total of 3,911 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 25,327 shares, the short-interest ratio is presently 0.3 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC increased its stake in shares of SPDR S&P North American Natural Resources ETF by 5.2% in the first quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock worth $16,423,000 after buying an additional 9,865 shares during the last quarter. Fiduciary Alliance LLC increased its stake in shares of SPDR S&P North American Natural Resources ETF by 7.8% in the first quarter. Fiduciary Alliance LLC now owns 70,858 shares of the company’s stock worth $5,895,000 after buying an additional 5,114 shares during the last quarter. Rothschild Wealth LLC bought a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter worth $4,527,000. Horizon Investments LLC increased its stake in shares of SPDR S&P North American Natural Resources ETF by 17.1% in the fourth quarter. Horizon Investments LLC now owns 8,372 shares of the company’s stock worth $568,000 after buying an additional 1,220 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in SPDR S&P North American Natural Resources ETF by 12.8% in the third quarter. Jones Financial Companies Lllp now owns 8,016 shares of the company’s stock worth $521,000 after purchasing an additional 912 shares during the period.

SPDR S&P North American Natural Resources ETF Price Performance

Shares of NYSEARCA:NANR traded up $1.44 during midday trading on Friday, reaching $80.58. The company had a trading volume of 11,880 shares, compared to its average volume of 58,385. The stock’s fifty day moving average price is $82.86 and its 200-day moving average price is $78.19. The stock has a market capitalization of $769.54 million, a P/E ratio of 18.42 and a beta of 0.56. SPDR S&P North American Natural Resources ETF has a one year low of $56.11 and a one year high of $86.58.

About SPDR S&P North American Natural Resources ETF

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.