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

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

iShares Transition-Enabling Metals ETF Price Performance

Shares of NASDAQ:TMET traded down $0.25 during trading on Friday, hitting $28.61. The business’s fifty day moving average price is $29.20 and its 200-day moving average price is $28.64. iShares Transition-Enabling Metals ETF has a one year low of $24.01 and a one year 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.