iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Short Interest Update

iShares Transition-Enabling Metals ETF (NASDAQ:TMETGet Free Report) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 21,307 shares, a decrease of 16.1% from the January 29th total of 25,407 shares. Approximately 5.3% of the company’s stock are sold short. Based on an average trading volume of 3,685 shares, the short-interest ratio is currently 5.8 days. Based on an average trading volume of 3,685 shares, the short-interest ratio is currently 5.8 days. Approximately 5.3% of the company’s stock are sold short.

iShares Transition-Enabling Metals ETF Price Performance

NASDAQ TMET opened at $31.44 on Thursday. The company has a 50 day simple moving average of $31.20 and a 200-day simple moving average of $28.55. iShares Transition-Enabling Metals ETF has a 52-week low of $20.90 and a 52-week high of $37.54.

iShares Transition-Enabling Metals ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $4.2023 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 1,592.0%.

Hedge Funds Weigh In On iShares Transition-Enabling Metals ETF

An institutional investor recently raised its position in iShares Transition-Enabling Metals ETF stock. Susquehanna International Group LLP lifted its stake in iShares Transition-Enabling Metals ETF (NASDAQ:TMETFree Report) by 38.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,453 shares of the company’s stock after acquiring an additional 3,753 shares during the quarter. Susquehanna International Group LLP owned approximately 3.36% of iShares Transition-Enabling Metals ETF worth $359,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares Transition-Enabling Metals ETF

(Get Free Report)

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. TMET was launched on Sep 26, 2023 and is issued by BlackRock.

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