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

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the recipient of a large drop in short interest in 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 Price Performance

TMET traded down $0.25 during trading on Friday, hitting $28.61. The firm has a 50 day moving average price of $29.17 and a 200-day moving average price of $28.61. iShares Transition-Enabling Metals ETF has a 52 week low of $24.01 and a 52 week 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.