iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Short Interest Update

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 800 shares, a drop of 33.3% from the February 13th total of 1,200 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 500 shares, the short-interest ratio is currently 1.6 days.

iShares Transition-Enabling Metals ETF Trading Down 0.5 %

TMET opened at $24.23 on Monday. The firm’s 50 day moving average is $22.88 and its 200-day moving average is $26.08. iShares Transition-Enabling Metals ETF has a 52-week low of $21.39 and a 52-week high of $31.90.

About iShares Transition-Enabling Metals ETF

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.