Short Interest in iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Rises By 25.0%

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 500 shares, a growth of 25.0% from the September 30th total of 400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 5.0 days.

iShares Transition-Enabling Metals ETF Stock Performance

Shares of iShares Transition-Enabling Metals ETF stock traded up $0.21 during midday trading on Tuesday, reaching $30.16. The company had a trading volume of 120 shares, compared to its average volume of 447. The stock has a fifty day simple moving average of $28.92 and a 200 day simple moving average of $28.74. iShares Transition-Enabling Metals ETF has a 1-year low of $24.01 and a 1-year high of $31.90.

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.