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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 272,335 shares, an increase of 169.3% from the March 31st total of 101,126 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 339,413 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of SPDR S&P Global Natural Resources ETF

Large investors have recently made changes to their positions in the stock. Almanack Investment Partners LLC. purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the third quarter valued at $731,000. Simon Quick Advisors LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the third quarter valued at $974,000. Pure Financial Advisors LLC boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 5.0% during the third quarter. Pure Financial Advisors LLC now owns 2,049,457 shares of the company’s stock valued at $121,348,000 after purchasing an additional 96,855 shares during the period. Asempa Wealth Advisors purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the fourth quarter valued at $491,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 2,450.3% during the third quarter. Envestnet Asset Management Inc. now owns 4,646,650 shares of the company’s stock valued at $275,128,000 after purchasing an additional 4,464,453 shares during the period.

SPDR S&P Global Natural Resources ETF Trading Down 0.3%

GNR opened at $73.94 on Friday. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 16.16 and a beta of 0.68. SPDR S&P Global Natural Resources ETF has a 12-month low of $50.71 and a 12-month high of $76.14. The company’s 50 day moving average is $73.69 and its 200 day moving average is $66.67.

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.