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 decline in short interest in the month of 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 trading volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

iShares Transition-Enabling Metals ETF Stock Up 0.1 %

TMET traded up $0.03 during midday trading on Thursday, reaching $28.43. 150 shares of the company’s stock were exchanged, compared to its average volume of 428. iShares Transition-Enabling Metals ETF has a one year low of $24.01 and a one year high of $31.90. The business has a 50-day simple moving average of $29.37 and a two-hundred day simple moving average of $28.76.

About iShares Transition-Enabling Metals ETF

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.