Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Up 100.0% in March

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, an increase of 100.0% from the March 15th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.7 days.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

Shares of NASDAQ NRES traded up $0.17 during midday trading on Wednesday, hitting $23.53. 1,000 shares of the stock traded hands, compared to its average volume of 3,232. Xtrackers RREEF Global Natural Resources ETF has a one year low of $21.53 and a one year high of $28.58. The business has a 50 day moving average price of $24.70 and a two-hundred day moving average price of $25.26. The company has a market cap of $27.77 million, a PE ratio of 15.46 and a beta of 0.60.

Xtrackers RREEF Global Natural Resources ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 21st were paid a $0.113 dividend. The ex-dividend date of this dividend was Friday, March 21st.

Xtrackers RREEF Global Natural Resources ETF Company Profile

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.