iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Short Interest Down 40.0% in November

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a drop of 40.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3.0 days.

iShares Transition-Enabling Metals ETF Trading Up 0.2 %

Shares of NASDAQ TMET traded up $0.06 during trading on Friday, reaching $28.49. The stock had a trading volume of 2 shares, compared to its average volume of 426. The business’s 50-day moving average price is $29.36 and its 200-day moving average price is $28.75. iShares Transition-Enabling Metals ETF has a fifty-two week low of $24.01 and a fifty-two week 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.