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

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 21,078 shares, an increase of 1,277.6% from the December 15th total of 1,530 shares. Approximately 5.3% of the company’s shares are sold short. Based on an average daily trading volume, of 14,428 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 14,428 shares, the short-interest ratio is presently 1.5 days. Approximately 5.3% of the company’s shares are sold short.

Institutional Trading of iShares Transition-Enabling Metals ETF

An institutional investor recently raised its position in iShares Transition-Enabling Metals ETF stock. Susquehanna International Group LLP boosted its position in shares of iShares Transition-Enabling Metals ETF (NASDAQ:TMET) by 38.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,453 shares of the company’s stock after purchasing an additional 3,753 shares during the period. Susquehanna International Group LLP owned approximately 3.36% of iShares Transition-Enabling Metals ETF worth $359,000 at the end of the most recent reporting period.

iShares Transition-Enabling Metals ETF Trading Up 3.7%

NASDAQ:TMET traded up $1.14 during mid-day trading on Monday, hitting $31.65. The company had a trading volume of 5,124 shares, compared to its average volume of 5,461. The business has a fifty day simple moving average of $28.86 and a 200-day simple moving average of $26.84. iShares Transition-Enabling Metals ETF has a 1 year low of $20.90 and a 1 year high of $31.77.

iShares Transition-Enabling Metals ETF Announces Dividend

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

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