Sprott Energy Transition Materials ETF (NASDAQ:SETM) Short Interest Update

Sprott Energy Transition Materials ETF (NASDAQ:SETM) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 95,200 shares, a growth of 773.4% from the October 31st total of 10,900 shares. Based on an average daily trading volume, of 16,300 shares, the short-interest ratio is presently 5.8 days.

Sprott Energy Transition Materials ETF Stock Up 0.7 %

Shares of SETM stock traded up $0.13 on Wednesday, reaching $17.59. The company’s stock had a trading volume of 1,436 shares, compared to its average volume of 11,418. Sprott Energy Transition Materials ETF has a 12-month low of $14.30 and a 12-month high of $20.95. The company has a market capitalization of $31.66 million, a P/E ratio of 13.38 and a beta of 1.81. The stock’s 50 day simple moving average is $18.01 and its 200-day simple moving average is $17.46.

About Sprott Energy Transition Materials ETF

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.