Short Interest in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Declines By 78.0%

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,467 shares, a decrease of 78.0% from the July 30th total of 38,534 shares. Based on an average daily volume of 33,935 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On SPDR S&P North American Natural Resources ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P North American Natural Resources ETF in the 4th quarter valued at approximately $25,000. Financial Life Planners bought a new stake in shares of SPDR S&P North American Natural Resources ETF in the 1st quarter worth $72,000. Triumph Capital Management purchased a new position in shares of SPDR S&P North American Natural Resources ETF in the third quarter worth $204,000. Virtue Capital Management LLC purchased a new position in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter worth $268,000. Finally, Farther Finance Advisors LLC bought a new position in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter valued at $287,000.

SPDR S&P North American Natural Resources ETF Trading Down 0.9%

NYSEARCA:NANR traded down $0.79 on Friday, reaching $89.39. 18,273 shares of the stock traded hands, compared to its average volume of 49,492. The company has a market capitalization of $835.80 million, a price-to-earnings ratio of 18.42 and a beta of 0.58. SPDR S&P North American Natural Resources ETF has a 12 month low of $61.40 and a 12 month high of $91.57. The company’s fifty day simple moving average is $81.19 and its 200 day simple moving average is $82.00.

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.