Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Update

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 251 shares, a decrease of 35.5% from the August 31st total of 389 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 40 shares, the days-to-cover ratio is currently 6.3 days.

Xtrackers RREEF Global Natural Resources ETF Stock Up 0.9%

Shares of NRES traded up $0.30 on Friday, hitting $33.55. 2,897 shares of the stock traded hands, compared to its average volume of 1,356. Xtrackers RREEF Global Natural Resources ETF has a 1 year low of $26.69 and a 1 year high of $36.43. The stock’s 50 day moving average is $34.61 and its two-hundred day moving average is $33.79. The firm has a market capitalization of $34.90 million, a P/E ratio of 15.81 and a beta of 0.21.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 18th were issued a dividend of $0.1088 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.3%. This is a negative change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.2428. 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.