Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Update

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 251 shares, a decline of 35.5% from the August 31st total of 389 shares. Based on an average daily trading volume, of 40 shares, the days-to-cover ratio is presently 6.3 days. Approximately 0.0% of the shares of the stock are sold short.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

NRES opened at $33.48 on Thursday. The stock has a market capitalization of $34.82 million, a price-to-earnings ratio of 15.81 and a beta of 0.21. The company has a fifty day moving average of $34.60 and a 200 day moving average of $33.80. Xtrackers RREEF Global Natural Resources ETF has a fifty-two week low of $26.69 and a fifty-two week high of $36.43.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 18th were given a dividend of $0.1088 per share. The ex-dividend date was Friday, September 18th. This is a negative change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.2428. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.3%.

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.