Short Interest in Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Declines By 75.4%

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 465 shares, a decline of 75.4% from the July 15th total of 1,890 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 790 shares, the short-interest ratio is currently 0.6 days.

Xtrackers RREEF Global Natural Resources ETF Price Performance

Shares of Xtrackers RREEF Global Natural Resources ETF stock remained flat at $34.29 during trading hours on Thursday. 44 shares of the stock were exchanged, compared to its average volume of 1,406. Xtrackers RREEF Global Natural Resources ETF has a fifty-two week low of $25.75 and a fifty-two week high of $35.61. The stock has a market capitalization of $35.66 million, a P/E ratio of 15.81 and a beta of 0.18. The firm has a 50-day moving average price of $32.21 and a two-hundred day moving average price of $33.51.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 18th were issued a $0.2428 dividend. This is a boost from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11. This represents a $0.97 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 18th.

About Xtrackers RREEF Global Natural Resources ETF

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.