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 large decrease in short interest in October. As of October 30th, there was short interest totaling 43 shares, a decrease of 93.5% from the October 15th total of 658 shares. Based on an average daily trading volume, of 76 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are sold short.

Xtrackers RREEF Global Natural Resources ETF Stock Up 0.2%

NASDAQ:NRES traded up $0.07 on Wednesday, reaching $33.01. 14 shares of the company’s stock traded hands, compared to its average volume of 1,220. The stock has a 50-day simple moving average of $34.38 and a 200-day simple moving average of $33.85. Xtrackers RREEF Global Natural Resources ETF has a 12 month low of $27.14 and a 12 month high of $36.43. The firm has a market cap of $34.33 million, a PE ratio of 13.32 and a beta of 0.24.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

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

Xtrackers RREEF Global Natural Resources ETF Company Profile

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.