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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 243,603 shares, an increase of 112.2% from the July 15th total of 114,786 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 167,034 shares, the short-interest ratio is presently 1.5 days.

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

A number of hedge funds have recently bought and sold shares of the business. First Command Advisory Services Inc. increased its position in shares of SPDR S&P Global Natural Resources ETF by 5.8% in the fourth quarter. First Command Advisory Services Inc. now owns 5,359,762 shares of the company’s stock valued at $333,056,000 after buying an additional 292,774 shares in the last quarter. Schroder Investment Management Group purchased a new position in shares of SPDR S&P Global Natural Resources ETF during the 4th quarter valued at approximately $155,705,000. Pure Financial Advisors LLC grew its stake in SPDR S&P Global Natural Resources ETF by 4.5% in the 4th quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after acquiring an additional 91,337 shares during the period. Oxford Financial Group LTD. LLC grew its stake in SPDR S&P Global Natural Resources ETF by 1,026.5% in the 2nd quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock valued at $91,718,000 after acquiring an additional 1,540,847 shares during the period. Finally, Bank of America Corp DE increased its holdings in SPDR S&P Global Natural Resources ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 1,031,629 shares of the company’s stock worth $77,032,000 after acquiring an additional 227,633 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Stock Up 0.6%

Shares of GNR stock traded up $0.43 during mid-day trading on Friday, hitting $74.90. 154,377 shares of the stock were exchanged, compared to its average volume of 333,961. SPDR S&P Global Natural Resources ETF has a 52-week low of $55.56 and a 52-week high of $76.14. The company has a market cap of $4.95 billion, a PE ratio of 16.16 and a beta of 0.62. The firm has a fifty day moving average of $70.54 and a 200 day moving average of $72.36.

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.