CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Short Interest Update

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 57,469 shares, a growth of 119.0% from the August 15th total of 26,239 shares. Based on an average trading volume of 20,804 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.0% of the shares of the company are sold short.

CoreCommodity Natural Resources ETF Price Performance

Shares of CCNR stock traded down $0.49 on Monday, hitting $40.98. 5,250 shares of the stock traded hands, compared to its average volume of 35,734. The company’s fifty day moving average is $39.73 and its 200 day moving average is $39.83. CoreCommodity Natural Resources ETF has a 1-year low of $29.57 and a 1-year high of $43.85. The company has a market capitalization of $19.25 billion, a PE ratio of 12.52 and a beta of 41.75.

Institutional Trading of CoreCommodity Natural Resources ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. acquired a new position in shares of CoreCommodity Natural Resources ETF in the 1st quarter valued at about $5,103,000. Royal Bank of Canada acquired a new stake in CoreCommodity Natural Resources ETF during the fourth quarter worth about $639,000. Jane Street Group LLC acquired a new stake in CoreCommodity Natural Resources ETF during the second quarter worth about $501,000. OLD Mission Capital LLC lifted its holdings in CoreCommodity Natural Resources ETF by 90.1% in the fourth quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock worth $912,000 after acquiring an additional 13,195 shares during the last quarter. Finally, LPL Financial LLC bought a new position in CoreCommodity Natural Resources ETF in the fourth quarter worth about $417,000.

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.