iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Sees Significant Growth in Short Interest

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) saw a large growth in short interest in 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 trading volume, of 100 shares, the days-to-cover ratio is currently 5.0 days.

iShares Transition-Enabling Metals ETF Trading Up 0.7 %

Shares of TMET opened at $30.16 on Wednesday. iShares Transition-Enabling Metals ETF has a 1-year low of $24.01 and a 1-year high of $31.90. The company has a 50-day moving average of $28.92 and a 200 day moving average of $28.74.

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.