SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Short Interest Down 78.0% in August

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,467 shares, a decrease of 78.0% from the July 30th total of 38,534 shares. Based on an average daily trading volume, of 33,935 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

SPDR S&P North American Natural Resources ETF Trading Down 0.2%

NANR stock opened at $90.59 on Wednesday. The firm has a 50 day moving average of $80.51 and a 200-day moving average of $81.78. SPDR S&P North American Natural Resources ETF has a 12-month low of $60.78 and a 12-month high of $91.57. The company has a market cap of $847.02 million, a price-to-earnings ratio of 18.42 and a beta of 0.58.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NANR. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter valued at about $25,000. Financial Life Planners purchased a new stake in SPDR S&P North American Natural Resources ETF in the 1st quarter valued at approximately $72,000. Triumph Capital Management acquired a new position in shares of SPDR S&P North American Natural Resources ETF in the third quarter worth $204,000. Virtue Capital Management LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter valued at $268,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter valued at $287,000.

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.