iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Short Interest Up 350.0% in December

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 900 shares, an increase of 350.0% from the December 15th total of 200 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 3.0 days.

iShares Transition-Enabling Metals ETF Trading Down 0.5 %

Shares of TMET traded down $0.11 during midday trading on Wednesday, hitting $22.24. The company’s stock had a trading volume of 103 shares, compared to its average volume of 434. iShares Transition-Enabling Metals ETF has a one year low of $21.39 and a one year high of $31.90. The company’s fifty day simple moving average is $25.77 and its two-hundred day simple moving average is $27.50.

iShares Transition-Enabling Metals ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $6.3357 dividend. The ex-dividend date was Tuesday, December 17th.

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.