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

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 50.0% from the January 31st total of 200 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 0.2 days.

Xtrackers RREEF Global Natural Resources ETF Price Performance

NRES traded down $0.41 during midday trading on Monday, reaching $24.56. 421 shares of the company’s stock were exchanged, compared to its average volume of 3,276. The stock has a market capitalization of $28.98 million, a PE ratio of 16.67 and a beta of 0.60. The business’s 50-day moving average price is $24.80 and its 200 day moving average price is $25.78. Xtrackers RREEF Global Natural Resources ETF has a 1-year low of $23.11 and a 1-year high of $28.58.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 20th were given a dividend of $0.1544 per share. This represents a $0.62 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Friday, December 20th.

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.