Short Interest in Sprott Energy Transition Materials ETF (NASDAQ:SETM) Grows By 36.4%

Posted by Tech Dows on Mar 4th, 2025

Sprott Energy Transition Materials ETF (NASDAQ:SETM – Get Free Report) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 12,000 shares, an increase of 36.4% from the January 31st total of 8,800 shares. Based on an average daily volume of 15,500 shares, the short-interest ratio is presently 0.8 days.

Sprott Energy Transition Materials ETF Trading Down 2.6 %

Shares of SETM opened at $14.14 on Tuesday. Sprott Energy Transition Materials ETF has a 12 month low of $14.05 and a 12 month high of $20.95. The stock’s 50 day moving average is $15.58 and its two-hundred day moving average is $16.62. The firm has a market cap of $28.85 million, a P/E ratio of 24.01 and a beta of 1.81.

Sprott Energy Transition Materials ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were issued a $0.3116 dividend. The ex-dividend date was Thursday, December 12th.

Institutional Trading of Sprott Energy Transition Materials ETF

A hedge fund recently bought a new stake in Sprott Energy Transition Materials ETF stock. Paul R. Ried Financial Group LLC purchased a new position in Sprott Energy Transition Materials ETF (NASDAQ:SETM – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,032,100 shares of the company’s stock, valued at approximately $15,554,000. Sprott Energy Transition Materials ETF comprises approximately 10.9% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 2nd largest position. Paul R. Ried Financial Group LLC owned 50.59% of Sprott Energy Transition Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Sprott Energy Transition Materials ETF Company Profile

(Get Free Report)

The Sprott Energy Transition Materials ETF (SETM) is an exchange-traded fund that mostly invests in materials equity. The fund supports the global move to cleaner energy by tracking an index of US and foreign companies related to energy transition materials. Securities are selected based on revenue and weighted by market-cap.