iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Short Interest Down 33.3% in November

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 200 shares, a drop of 33.3% from the November 15th total of 300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2.0 days.

iShares Transition-Enabling Metals ETF Trading Down 0.9 %

NASDAQ TMET traded down $0.25 on Friday, reaching $28.61. iShares Transition-Enabling Metals ETF has a fifty-two week low of $24.01 and a fifty-two week high of $31.90. The business has a 50-day simple moving average of $29.20 and a two-hundred day simple moving average of $28.64.

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.