CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Short Interest Down 73.5% in June

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 35,686 shares, a decline of 73.5% from the June 15th total of 134,694 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 32,904 shares, the days-to-cover ratio is currently 1.1 days.

CoreCommodity Natural Resources ETF Stock Down 0.2%

CoreCommodity Natural Resources ETF stock traded down $0.09 during trading on Monday, hitting $37.41. The stock had a trading volume of 7,615 shares, compared to its average volume of 44,257. CoreCommodity Natural Resources ETF has a 1 year low of $26.20 and a 1 year high of $43.85. The stock’s 50 day moving average is $39.64 and its two-hundred day moving average is $38.73. The stock has a market cap of $13.93 billion, a price-to-earnings ratio of 12.52 and a beta of 36.99.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new stake in CoreCommodity Natural Resources ETF in the 1st quarter worth about $5,103,000. OLD Mission Capital LLC boosted its position in CoreCommodity Natural Resources ETF by 90.1% during the fourth quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock worth $912,000 after purchasing an additional 13,195 shares during the period. Royal Bank of Canada bought a new position in CoreCommodity Natural Resources ETF during the fourth quarter worth about $639,000. Jane Street Group LLC purchased a new position in shares of CoreCommodity Natural Resources ETF in the second quarter worth about $501,000. Finally, LPL Financial LLC purchased a new position in shares of CoreCommodity Natural Resources ETF in the fourth quarter worth about $417,000.

About CoreCommodity Natural Resources ETF

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.