Sprott Energy Transition Materials ETF (NASDAQ:SETM) Short Interest Down 99.4% in November

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 600 shares, a decrease of 99.4% from the November 15th total of 95,200 shares. Based on an average trading volume of 16,200 shares, the short-interest ratio is presently 0.0 days.

Sprott Energy Transition Materials ETF Stock Performance

NASDAQ SETM remained flat at $17.42 on Wednesday. The company’s stock had a trading volume of 10,898 shares, compared to its average volume of 11,399. The company has a market cap of $31.36 million, a P/E ratio of 13.38 and a beta of 1.81. Sprott Energy Transition Materials ETF has a 1-year low of $14.30 and a 1-year high of $20.95. The stock’s 50 day simple moving average is $18.06 and its two-hundred day simple moving average is $17.30.

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.