iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Sees Large Decline in Short Interest

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 400 shares, a decline of 20.0% from the September 15th total of 500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1.0 days.

iShares Transition-Enabling Metals ETF Stock Up 1.5 %

Shares of NASDAQ:TMET opened at $29.96 on Monday. The business has a fifty day simple moving average of $28.20 and a 200 day simple moving average of $28.51. iShares Transition-Enabling Metals ETF has a 12-month low of $24.01 and a 12-month high of $31.90.

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.