SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Short Interest Update

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 514,111 shares, an increase of 200.2% from the August 31st total of 171,272 shares. Based on an average trading volume of 418,407 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.8% of the company’s stock are short sold.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of NYSEARCA GNR traded down $0.36 during mid-day trading on Friday, reaching $75.66. The company had a trading volume of 408,037 shares, compared to its average volume of 348,591. SPDR S&P Global Natural Resources ETF has a twelve month low of $57.24 and a twelve month high of $80.58. The stock has a market capitalization of $5.18 billion, a PE ratio of 16.16 and a beta of 0.64. The stock’s 50 day moving average is $75.83 and its 200-day moving average is $73.54.

Institutional Investors Weigh In On SPDR S&P Global Natural Resources ETF

A number of large investors have recently added to or reduced their stakes in GNR. Envestnet Asset Management Inc. boosted its stake in SPDR S&P Global Natural Resources ETF by 1.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,956,055 shares of the company’s stock valued at $333,592,000 after purchasing an additional 82,044 shares during the period. First Command Advisory Services Inc. increased its position in SPDR S&P Global Natural Resources ETF by 5.8% in the 4th quarter. First Command Advisory Services Inc. now owns 5,359,762 shares of the company’s stock worth $333,056,000 after buying an additional 292,774 shares during the period. Pure Financial Advisors LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 4.5% during the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock worth $133,029,000 after buying an additional 91,337 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 1,031,629 shares of the company’s stock worth $77,032,000 after buying an additional 227,633 shares during the last quarter. Finally, AMG National Trust Bank boosted its position in shares of SPDR S&P Global Natural Resources ETF by 8.3% in the first quarter. AMG National Trust Bank now owns 716,030 shares of the company’s stock valued at $53,466,000 after acquiring an additional 54,612 shares during the period.

About SPDR S&P Global Natural Resources ETF

The SPDR S&P Global Natural Resources ETF (GNR) is an exchange-traded fund that is based on the S&P Global Natural Resources index. The fund tracks an index of global companies in natural resources and\u002For commodity businesses. GNR was launched on Sep 13, 2010 and is managed by State Street.