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

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

iShares Transition-Enabling Metals ETF Stock Up 0.7 %

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

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.