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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 290,190 shares, a decline of 36.3% from the May 31st total of 455,579 shares. Based on an average daily volume of 235,471 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. United Bank increased its position in shares of SPDR S&P Global Natural Resources ETF by 1.3% in the 1st quarter. United Bank now owns 10,805 shares of the company’s stock worth $807,000 after purchasing an additional 137 shares during the last quarter. Fermata Advisors LLC raised its stake in shares of SPDR S&P Global Natural Resources ETF by 2.2% in the 4th quarter. Fermata Advisors LLC now owns 10,848 shares of the company’s stock valued at $674,000 after purchasing an additional 234 shares in the last quarter. Redwood Park Advisors LLC lifted its position in shares of SPDR S&P Global Natural Resources ETF by 2.2% during 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 during the last quarter. Signaturefd LLC lifted its position in shares of SPDR S&P Global Natural Resources ETF by 166.7% during the fourth quarter. Signaturefd LLC now owns 400 shares of the company’s stock worth $25,000 after purchasing an additional 250 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of SPDR S&P Global Natural Resources ETF by 2.6% during 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 during the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of GNR opened at $67.96 on Friday. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 16.16 and a beta of 0.63. The business’s 50 day moving average is $72.14 and its two-hundred day moving average is $70.80. SPDR S&P Global Natural Resources ETF has a 52-week low of $53.92 and a 52-week high of $76.14.

SPDR S&P Global Natural Resources ETF Company Profile

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.