Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Down 40.0% in November

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 300 shares, a decline of 40.0% from the October 31st total of 500 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 0.0 days.

Xtrackers RREEF Global Natural Resources ETF Trading Down 0.1 %

NASDAQ NRES traded down $0.03 during trading on Thursday, hitting $25.90. 378 shares of the company’s stock were exchanged, compared to its average volume of 5,040. The company has a market cap of $10.36 million, a PE ratio of 12.65 and a beta of 0.60. Xtrackers RREEF Global Natural Resources ETF has a fifty-two week low of $24.96 and a fifty-two week high of $28.58. The stock’s 50 day moving average price is $26.66 and its two-hundred day moving average price is $26.80.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 20th were paid a dividend of $0.1018 per share. This represents a $0.41 annualized dividend and a yield of 1.57%. The ex-dividend date was Friday, September 20th.

About Xtrackers RREEF Global Natural Resources ETF

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.