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

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 300 shares, a decline 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 Stock Performance

iShares Transition-Enabling Metals ETF stock traded up $0.06 during mid-day trading on Friday, reaching $28.49. The stock had a trading volume of 2 shares, compared to its average volume of 426. The company has a 50-day moving average price of $29.36 and a two-hundred day moving average price of $28.75. iShares Transition-Enabling Metals ETF has a one year low of $24.01 and a one 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.