CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Short Interest Down 73.5% in June

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 35,686 shares, a drop of 73.5% from the June 15th total of 134,694 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 32,904 shares, the days-to-cover ratio is presently 1.1 days.

CoreCommodity Natural Resources ETF Stock Up 0.8%

Shares of CCNR traded up $0.30 during trading on Friday, reaching $37.50. 610,042 shares of the company traded hands, compared to its average volume of 44,540. The stock has a 50-day simple moving average of $39.72 and a 200-day simple moving average of $38.70. The stock has a market cap of $13.85 billion, a PE ratio of 12.52 and a beta of 36.99. CoreCommodity Natural Resources ETF has a twelve month low of $26.20 and a twelve month high of $43.85.

Institutional Trading of CoreCommodity Natural Resources ETF

Institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. purchased a new position in shares of CoreCommodity Natural Resources ETF in the 1st quarter valued at about $5,103,000. OLD Mission Capital LLC increased its stake in shares of CoreCommodity Natural Resources ETF by 90.1% during the fourth quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock worth $912,000 after buying an additional 13,195 shares during the period. Royal Bank of Canada purchased a new stake in shares of CoreCommodity Natural Resources ETF during the fourth quarter worth approximately $639,000. Jane Street Group LLC acquired a new stake in CoreCommodity Natural Resources ETF in the second quarter valued at approximately $501,000. Finally, LPL Financial LLC purchased a new position in CoreCommodity Natural Resources ETF in the fourth quarter worth approximately $417,000.

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.