Sprott Energy Transition Materials ETF (NASDAQ:SETM) Sees Significant Increase in Short Interest

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 12,000 shares, an increase of 36.4% from the January 31st total of 8,800 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 0.8 days.

Sprott Energy Transition Materials ETF Trading Up 5.8 %

Sprott Energy Transition Materials ETF stock traded up $0.82 during trading on Wednesday, hitting $14.97. 20,018 shares of the company were exchanged, compared to its average volume of 15,246. The business’s 50 day moving average is $15.55 and its 200 day moving average is $16.61. The company has a market capitalization of $30.54 million, a P/E ratio of 24.01 and a beta of 1.81. Sprott Energy Transition Materials ETF has a 52 week low of $13.74 and a 52 week high of $20.95.

Sprott Energy Transition Materials ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were paid a $0.3116 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Sprott Energy Transition Materials ETF stock. Jane Street Group LLC lifted its position in Sprott Energy Transition Materials ETF (NASDAQ:SETM) by 85.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,305 shares of the company’s stock after purchasing an additional 47,243 shares during the quarter. Jane Street Group LLC owned 5.01% of Sprott Energy Transition Materials ETF worth $1,542,000 at the end of the most recent quarter.

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.