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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 208,964 shares, a drop of 28.3% from the November 30th total of 291,425 shares. Based on an average daily volume of 186,621 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 186,621 shares, the days-to-cover ratio is presently 1.1 days.

SPDR S&P Global Natural Resources ETF Stock Performance

NYSEARCA:GNR opened at $62.69 on Monday. The stock has a 50-day simple moving average of $60.31 and a two-hundred day simple moving average of $58.05. The firm has a market capitalization of $4.09 billion, a PE ratio of 16.16 and a beta of 0.81. SPDR S&P Global Natural Resources ETF has a 52-week low of $45.18 and a 52-week high of $62.96.

Institutional Investors Weigh In On SPDR S&P Global Natural Resources ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Prospera Financial Services Inc lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 3.5% during the 2nd quarter. Prospera Financial Services Inc now owns 6,388 shares of the company’s stock valued at $347,000 after buying an additional 215 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 1.0% during the second quarter. Perigon Wealth Management LLC now owns 21,103 shares of the company’s stock valued at $1,145,000 after acquiring an additional 215 shares during the period. J2 Capital Management Inc lifted its position in shares of SPDR S&P Global Natural Resources ETF by 3.1% in the second quarter. J2 Capital Management Inc now owns 10,330 shares of the company’s stock valued at $560,000 after acquiring an additional 311 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 8.5% in the third quarter. Jones Financial Companies Lllp now owns 4,058 shares of the company’s stock worth $241,000 after acquiring an additional 318 shares during the period. Finally, Fermata Advisors LLC grew its position in shares of SPDR S&P Global Natural Resources ETF by 4.2% during the third quarter. Fermata Advisors LLC now owns 10,614 shares of the company’s stock worth $628,000 after purchasing an additional 424 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.