Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Update

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 80.0% from the December 31st total of 500 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.1 days.

Xtrackers RREEF Global Natural Resources ETF Trading Down 1.0 %

NRES traded down $0.24 during trading on Tuesday, hitting $24.85. 79 shares of the company’s stock were exchanged, compared to its average volume of 281. Xtrackers RREEF Global Natural Resources ETF has a 1 year low of $23.11 and a 1 year high of $28.58. The firm has a market cap of $29.32 million, a P/E ratio of 12.65 and a beta of 0.60. The stock has a 50 day moving average price of $24.79 and a 200 day moving average price of $25.97.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 20th were paid a dividend of $0.1544 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.48%.

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.