Short Interest in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Increases By 1,210.9%

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 13,371 shares, a growth of 1,210.9% from the November 30th total of 1,020 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 24,156 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 24,156 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.

SPDR S&P North American Natural Resources ETF Stock Down 0.3%

SPDR S&P North American Natural Resources ETF stock traded down $0.21 during mid-day trading on Thursday, hitting $68.64. The company’s stock had a trading volume of 8,741 shares, compared to its average volume of 43,733. The stock’s fifty day moving average price is $65.37 and its two-hundred day moving average price is $62.00. The stock has a market capitalization of $773.57 million, a P/E ratio of 18.42 and a beta of 0.75. SPDR S&P North American Natural Resources ETF has a twelve month low of $46.37 and a twelve month high of $69.56.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC grew its stake in shares of SPDR S&P North American Natural Resources ETF by 62.8% in the third quarter. CoreCap Advisors LLC now owns 451 shares of the company’s stock worth $29,000 after acquiring an additional 174 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of SPDR S&P North American Natural Resources ETF by 12.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,016 shares of the company’s stock worth $521,000 after acquiring an additional 912 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of SPDR S&P North American Natural Resources ETF in the third quarter valued at $71,000. Horizon Investments LLC grew its stake in shares of SPDR S&P North American Natural Resources ETF by 46.3% during the third quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock valued at $462,000 after purchasing an additional 2,265 shares during the last quarter. Finally, Fiduciary Alliance LLC raised its position in shares of SPDR S&P North American Natural Resources ETF by 6.5% during the third quarter. Fiduciary Alliance LLC now owns 50,294 shares of the company’s stock worth $3,249,000 after acquiring an additional 3,081 shares during the last quarter.

About SPDR S&P North American Natural Resources ETF

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.