Short Interest in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Increases By 108.1%

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 8,551 shares, an increase of 108.1% from the January 29th total of 4,109 shares. Based on an average daily volume of 44,335 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 44,335 shares, the days-to-cover ratio is currently 0.2 days.

SPDR S&P North American Natural Resources ETF Price Performance

Shares of NYSEARCA NANR traded up $1.24 on Friday, hitting $85.40. The company’s stock had a trading volume of 55,207 shares, compared to its average volume of 76,567. The stock has a 50 day moving average of $76.19 and a 200-day moving average of $68.21. SPDR S&P North American Natural Resources ETF has a 12-month low of $46.37 and a 12-month high of $85.47. The company has a market capitalization of $956.48 million, a price-to-earnings ratio of 18.42 and a beta of 0.75.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new position in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter worth $25,000. CoreCap Advisors LLC grew its position in shares of SPDR S&P North American Natural Resources ETF by 62.8% in the 3rd quarter. CoreCap Advisors LLC now owns 451 shares of the company’s stock worth $29,000 after acquiring an additional 174 shares in the last quarter. Root Financial Partners LLC acquired a new stake in SPDR S&P North American Natural Resources ETF during the third quarter worth about $71,000. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR S&P North American Natural Resources ETF during the 2nd quarter worth approximately $195,000. Finally, Triumph Capital Management acquired a new stake in SPDR S&P North American Natural Resources ETF in the third quarter worth $204,000.

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.