Short Interest in Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Declines By 75.4%

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 465 shares, a decrease of 75.4% from the July 15th total of 1,890 shares. Based on an average daily volume of 790 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are sold short.

Xtrackers RREEF Global Natural Resources ETF Price Performance

Xtrackers RREEF Global Natural Resources ETF stock remained flat at $34.29 during midday trading on Thursday. 44 shares of the company traded hands, compared to its average volume of 1,406. Xtrackers RREEF Global Natural Resources ETF has a 52-week low of $25.75 and a 52-week high of $35.61. The firm has a market cap of $35.66 million, a PE ratio of 15.81 and a beta of 0.18. The stock’s fifty day moving average price is $32.21 and its 200-day moving average price is $33.51.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 18th were paid a $0.2428 dividend. This is a positive change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.97 annualized dividend and a dividend yield of 2.8%.

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.