Short Interest in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Rises By 24.1%

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 659,147 shares, a growth of 24.1% from the January 15th total of 531,209 shares. Based on an average daily trading volume, of 487,549 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.0% of the company’s shares are sold short. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 487,549 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Trading of SPDR S&P Global Natural Resources ETF

Several institutional investors have recently added to or reduced their stakes in GNR. Signaturefd LLC raised its position in SPDR S&P Global Natural Resources ETF by 166.7% in the fourth quarter. Signaturefd LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 250 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of SPDR S&P Global Natural Resources ETF in the third quarter valued at $28,000. Cornerstone Planning Group LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 575.9% in the 4th quarter. Cornerstone Planning Group LLC now owns 534 shares of the company’s stock valued at $33,000 after buying an additional 455 shares during the period. Arax Advisory Partners acquired a new position in SPDR S&P Global Natural Resources ETF during the 4th quarter worth about $35,000. Finally, 4Thought Financial Group Inc. acquired a new position in SPDR S&P Global Natural Resources ETF during the 4th quarter worth about $49,000.

SPDR S&P Global Natural Resources ETF Stock Up 1.0%

Shares of GNR traded up $0.73 during trading on Monday, reaching $73.05. 180,093 shares of the company traded hands, compared to its average volume of 389,346. SPDR S&P Global Natural Resources ETF has a twelve month low of $45.18 and a twelve month high of $74.22. The stock has a market cap of $4.63 billion, a PE ratio of 16.16 and a beta of 0.81. The stock has a 50-day simple moving average of $65.80 and a 200-day simple moving average of $61.04.

SPDR S&P Global Natural Resources ETF Company Profile

The SPDR S&P Global Natural Resources ETF (GNR) is an exchange-traded fund that is based on the S&P Global Natural Resources index. The fund tracks an index of global companies in natural resources and\u002For commodity businesses. GNR was launched on Sep 13, 2010 and is managed by State Street.