CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Shares Shorted: Short Interest Down 62.2% in September

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 21,722 shares, a decline of 62.2% from the August 31st total of 57,469 shares. Based on an average trading volume of 11,472 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in CoreCommodity Natural Resources ETF stock. Integrated Wealth Concepts LLC bought a new position in CoreCommodity Natural Resources ETF (NASDAQ:CCNR) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,899 shares of the company’s stock, valued at approximately $71,000.

CoreCommodity Natural Resources ETF Stock Down 0.5%

NASDAQ:CCNR traded down $0.21 on Tuesday, hitting $38.67. The stock had a trading volume of 1,704 shares, compared to its average volume of 34,190. CoreCommodity Natural Resources ETF has a 52-week low of $30.41 and a 52-week high of $43.85. The stock has a market cap of $17.35 billion, a price-to-earnings ratio of 12.52 and a beta of 41.75. The business’s 50-day simple moving average is $40.32 and its two-hundred day simple moving average is $39.87.

About CoreCommodity Natural Resources ETF

The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals. CCNR was launched on Jul 10, 2024 and is issued by SS&C.