SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Significant Increase in Short Interest

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 29,498 shares, a growth of 263.6% from the May 31st total of 8,113 shares. Based on an average daily trading volume, of 22,414 shares, the short-interest ratio is presently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC increased its position in shares of SPDR S&P North American Natural Resources ETF by 5.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 198,105 shares of the company’s stock valued at $16,423,000 after purchasing an additional 9,865 shares during the last quarter. Financial Life Planners bought a new position in SPDR S&P North American Natural Resources ETF during the first quarter valued at about $72,000. Fiduciary Alliance LLC grew its position in SPDR S&P North American Natural Resources ETF by 7.8% during the first quarter. Fiduciary Alliance LLC now owns 70,858 shares of the company’s stock valued at $5,895,000 after buying an additional 5,114 shares during the period. Virtue Capital Management LLC purchased a new stake in SPDR S&P North American Natural Resources ETF during the fourth quarter worth about $268,000. Finally, Captrust Financial Advisors bought a new stake in SPDR S&P North American Natural Resources ETF in the fourth quarter worth about $524,000.

SPDR S&P North American Natural Resources ETF Trading Down 0.1%

Shares of NANR stock traded down $0.09 during trading on Friday, hitting $76.11. The company’s stock had a trading volume of 15,943 shares, compared to its average volume of 55,708. The company has a market cap of $726.85 million, a PE ratio of 18.42 and a beta of 0.56. The business has a fifty day moving average of $81.61 and a 200-day moving average of $79.09. SPDR S&P North American Natural Resources ETF has a 52 week low of $56.11 and a 52 week high of $86.58.

About SPDR S&P North American Natural Resources ETF

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.