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

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 243,603 shares, a growth of 112.2% from the July 15th total of 114,786 shares. Based on an average trading volume of 167,034 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.4% of the company’s shares are short sold.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Pure Financial Advisors LLC raised its position in SPDR S&P Global Natural Resources ETF by 4.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after purchasing an additional 91,337 shares during the period. Private Advisor Group LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF during the 1st quarter worth $1,665,000. M&T Bank Corp grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 3,019.5% during the 4th quarter. M&T Bank Corp now owns 123,251 shares of the company’s stock worth $7,659,000 after purchasing an additional 119,300 shares during the period. AMG National Trust Bank increased its position in shares of SPDR S&P Global Natural Resources ETF by 19.4% during the 4th quarter. AMG National Trust Bank now owns 661,418 shares of the company’s stock worth $41,101,000 after purchasing an additional 107,652 shares during the last quarter. Finally, Boltwood Capital Management increased its position in shares of SPDR S&P Global Natural Resources ETF by 36.9% during the 2nd quarter. Boltwood Capital Management now owns 67,202 shares of the company’s stock worth $4,523,000 after purchasing an additional 18,127 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR stock traded up $0.43 on Friday, hitting $74.90. 154,377 shares of the stock traded hands, compared to its average volume of 333,961. SPDR S&P Global Natural Resources ETF has a twelve month low of $55.56 and a twelve month high of $76.14. The firm’s 50-day moving average price is $70.54 and its two-hundred day moving average price is $72.36. The stock has a market capitalization of $4.95 billion, a PE ratio of 16.16 and a beta of 0.62.

SPDR S&P Global Natural Resources ETF Company Profile

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.