Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Stock Short Interest Report for October

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 43 shares, a drop of 93.5% from the October 15th total of 658 shares. Based on an average daily volume of 76 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Xtrackers RREEF Global Natural Resources ETF Price Performance

NASDAQ:NRES traded down $0.49 during mid-day trading on Tuesday, reaching $32.88. The stock had a trading volume of 14 shares, compared to its average volume of 1,220. The company has a market capitalization of $35.18 million, a price-to-earnings ratio of 13.32 and a beta of 0.24. Xtrackers RREEF Global Natural Resources ETF has a 1-year low of $27.14 and a 1-year high of $36.43. The stock’s 50 day simple moving average is $34.43 and its two-hundred day simple moving average is $33.85.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 18th were given a $0.1088 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, September 18th. This is a negative change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.2428.

About Xtrackers RREEF Global Natural Resources ETF

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.