Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Shares Shorted: Short Interest Up 1,330.4% in October

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 658 shares, a growth of 1,330.4% from the September 30th total of 46 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 721 shares, the days-to-cover ratio is currently 0.9 days.

Xtrackers RREEF Global Natural Resources ETF Trading Down 0.0%

Shares of NRES stock traded down $0.01 during trading hours on Monday, reaching $34.14. 22 shares of the stock were exchanged, compared to its average volume of 1,272. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $26.78 and a 12-month high of $36.43. The company’s 50-day moving average price is $34.87 and its 200-day moving average price is $33.73. The firm has a market capitalization of $35.51 million, a price-to-earnings ratio of 15.81 and a beta of 0.25.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 18th were paid a $0.1088 dividend. The ex-dividend date was Friday, September 18th. This is a negative change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.2428. This represents a $0.44 dividend on an annualized basis and a yield of 1.3%.

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.