Sprott Energy Transition Materials ETF (NASDAQ:SETM) Short Interest Up 450.0% in December

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,300 shares, an increase of 450.0% from the November 30th total of 600 shares. Based on an average trading volume of 15,800 shares, the days-to-cover ratio is presently 0.2 days.

Sprott Energy Transition Materials ETF Price Performance

Shares of NASDAQ:SETM traded up $0.04 on Thursday, hitting $15.44. 2,488 shares of the company’s stock were exchanged, compared to its average volume of 11,524. The business’s 50 day simple moving average is $17.54 and its two-hundred day simple moving average is $17.05. The stock has a market capitalization of $27.79 million, a price-to-earnings ratio of 13.38 and a beta of 1.81. Sprott Energy Transition Materials ETF has a 12 month low of $14.30 and a 12 month high of $20.95.

Sprott Energy Transition Materials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were issued a $0.3116 dividend. The ex-dividend date was Thursday, December 12th.

About Sprott Energy Transition Materials ETF

The Sprott Energy Transition Materials ETF (SETM) is an exchange-traded fund that mostly invests in materials equity. The fund supports the global move to cleaner energy by tracking an index of US and foreign companies related to energy transition materials. Securities are selected based on revenue and weighted by market-cap.