CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Shares Shorted: Short Interest Up 72.9% in October

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 37,368 shares, a growth of 72.9% from the September 30th total of 21,612 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 22,459 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in CoreCommodity Natural Resources ETF in the second quarter valued at approximately $71,000. Essex Financial Services Inc. acquired a new stake in CoreCommodity Natural Resources ETF in the first quarter worth $223,000. Finally, Wavvest Wealth LLC bought a new position in shares of CoreCommodity Natural Resources ETF during the third quarter worth $368,000.

CoreCommodity Natural Resources ETF Price Performance

Shares of CCNR stock opened at $37.20 on Wednesday. The stock has a market cap of $15.97 billion, a PE ratio of 12.97 and a beta of 1.38. The stock has a 50-day moving average of $39.74 and a 200-day moving average of $39.45. CoreCommodity Natural Resources ETF has a one year low of $30.50 and a one year high of $43.85.

CoreCommodity Natural Resources ETF Company Profile

The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals. CCNR was launched on Jul 10, 2024 and is issued by SS&C.