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

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of 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 daily volume of 500 shares, the short-interest ratio is presently 0.2 days.

Xtrackers RREEF Global Natural Resources ETF Stock Down 1.6 %

NRES stock traded down $0.41 during trading on Monday, hitting $24.56. 421 shares of the company’s stock traded hands, compared to its average volume of 3,276. Xtrackers RREEF Global Natural Resources ETF has a 52 week low of $23.11 and a 52 week high of $28.58. The stock has a fifty day moving average price of $24.80 and a two-hundred day moving average price of $25.78. The stock has a market capitalization of $28.98 million, a price-to-earnings ratio of 16.67 and a beta of 0.60.

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 paid a dividend of $0.1544 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.62 annualized dividend and a yield of 2.51%.

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.