Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Short Interest Down 50.0% in February

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 daily volume of 500 shares, the short-interest ratio is presently 0.2 days.

Xtrackers RREEF Global Natural Resources ETF Price Performance

NASDAQ NRES traded down $0.12 during trading hours on Friday, reaching $24.87. The company’s stock had a trading volume of 105 shares, compared to its average volume of 3,275. Xtrackers RREEF Global Natural Resources ETF has a 52 week low of $23.11 and a 52 week high of $28.58. The firm has a fifty day simple moving average of $24.80 and a 200-day simple moving average of $25.79. The stock has a market cap of $29.35 million, a P/E ratio of 16.67 and a beta of 0.60.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 20th were given a dividend of $0.1544 per share. The ex-dividend date 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.