Sprott Energy Transition Materials ETF (NASDAQ:SETM) Short Interest Update

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 19,900 shares, a drop of 23.2% from the September 30th total of 25,900 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is presently 1.2 days.

Sprott Energy Transition Materials ETF Price Performance

SETM stock traded down $0.02 during trading on Friday, hitting $18.51. 18,474 shares of the company traded hands, compared to its average volume of 11,057. Sprott Energy Transition Materials ETF has a 1 year low of $14.30 and a 1 year high of $20.95. The stock’s 50-day simple moving average is $17.00 and its 200 day simple moving average is $17.53. The company has a market cap of $31.84 million, a PE ratio of 13.38 and a beta of 1.81.

Sprott Energy Transition Materials ETF Company Profile

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.