SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Short Interest Update

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 101,126 shares, a decrease of 28.9% from the March 15th total of 142,204 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 518,590 shares, the days-to-cover ratio is currently 0.2 days.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of SPDR S&P Global Natural Resources ETF stock traded up $0.60 during midday trading on Thursday, reaching $75.21. 189,380 shares of the company’s stock traded hands, compared to its average volume of 437,365. The company has a market cap of $4.91 billion, a PE ratio of 16.16 and a beta of 0.68. The stock has a 50 day moving average of $73.33 and a 200-day moving average of $65.93. SPDR S&P Global Natural Resources ETF has a 12 month low of $49.85 and a 12 month high of $76.14.

Hedge Funds Weigh In On SPDR S&P Global Natural Resources ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Fermata Advisors LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 2.2% in the fourth quarter. Fermata Advisors LLC now owns 10,848 shares of the company’s stock worth $674,000 after purchasing an additional 234 shares in the last quarter. Redwood Park Advisors LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 2.2% in the fourth quarter. Redwood Park Advisors LLC now owns 11,117 shares of the company’s stock worth $691,000 after purchasing an additional 244 shares in the last quarter. Signaturefd LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 166.7% in the fourth quarter. Signaturefd LLC now owns 400 shares of the company’s stock worth $25,000 after purchasing an additional 250 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 2.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 11,132 shares of the company’s stock worth $692,000 after purchasing an additional 281 shares in the last quarter. Finally, Summit Financial LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 0.4% in the fourth quarter. Summit Financial LLC now owns 80,865 shares of the company’s stock worth $5,025,000 after purchasing an additional 298 shares in the last quarter.

About SPDR S&P Global Natural Resources ETF

The SPDR S&P Global Natural Resources ETF (GNR) is an exchange-traded fund that is based on the S&P Global Natural Resources index. The fund tracks an index of global companies in natural resources and\u002For commodity businesses. GNR was launched on Sep 13, 2010 and is managed by State Street.