Short Interest in iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Drops By 78.4%

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 1,100 shares, adeclineof78.4% from the July 15th total of 5,100 shares. Currently,0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 1.1 days. Currently,0.3% of the shares of the stock are sold short.

iShares Transition-Enabling Metals ETF Price Performance

iShares Transition-Enabling Metals ETF stock opened at $24.26 on Friday. The business’s fifty day moving average is $24.83 and its two-hundred day moving average is $23.71. iShares Transition-Enabling Metals ETF has a 52 week low of $20.90 and a 52 week high of $30.58.

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.