Short Interest in iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Declines By 20.0%

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 400 shares, a decrease of 20.0% from the September 15th total of 500 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 1.0 days.

iShares Transition-Enabling Metals ETF Stock Down 1.4 %

Shares of TMET traded down $0.41 during mid-day trading on Tuesday, hitting $29.55. 77 shares of the company’s stock were exchanged, compared to its average volume of 464. iShares Transition-Enabling Metals ETF has a fifty-two week low of $24.01 and a fifty-two week high of $31.90. The stock’s 50-day moving average is $28.27 and its 200-day moving average is $28.54.

iShares Transition-Enabling Metals ETF Company Profile

The iShares Transition-Enabling Metals ETF (TMET) is an exchange-traded fund that is based on the ICE Clean Energy Transition Metals index. The fund tracks an index that measures the performance of a basket of exchange-traded metals futures contracts. The metals selected are those considered essential to clean energy technologies in supporting the transition to a low-carbon economy.