Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Up 60.0% in October

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 800 shares, an increase of 60.0% from the September 30th total of 500 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is presently 0.1 days.

Xtrackers RREEF Global Natural Resources ETF Trading Up 0.2 %

Shares of NASDAQ:NRES traded up $0.06 during trading on Friday, reaching $26.64. Xtrackers RREEF Global Natural Resources ETF has a 1-year low of $24.96 and a 1-year high of $28.58. The firm has a market cap of $31.44 billion, a price-to-earnings ratio of 12.65 and a beta of 0.60. The business’s 50 day simple moving average is $26.78 and its 200 day simple moving average is $27.03.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 20th were paid a $0.1018 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.41 dividend on an annualized basis and a yield of 1.53%.

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.