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

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) was the recipient of a large decline in short interest in the month of 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 trading volume, of 700 shares, the days-to-cover ratio is presently 0.1 days.

Xtrackers RREEF Global Natural Resources ETF Trading Down 1.0 %

Xtrackers RREEF Global Natural Resources ETF stock traded down $0.24 during midday trading on Tuesday, reaching $24.85. 79 shares of the stock traded hands, compared to its average volume of 281. The firm has a market cap of $29.32 million, a PE ratio of 12.65 and a beta of 0.60. The company has a 50-day simple moving average of $24.79 and a two-hundred day simple moving average of $25.97. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $23.11 and a 12-month 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. Investors of record on Friday, December 20th were paid a dividend of $0.1544 per share. This represents a $0.62 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend was Friday, December 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.