Sprott Energy Transition Materials ETF (NASDAQ:SETM) Short Interest Down 99.4% in November

Sprott Energy Transition Materials ETF (NASDAQ:SETM) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 600 shares, a drop of 99.4% from the November 15th total of 95,200 shares. Based on an average daily volume of 16,200 shares, the days-to-cover ratio is presently 0.0 days.

Sprott Energy Transition Materials ETF Price Performance

NASDAQ SETM traded down $0.42 during trading on Friday, hitting $16.42. 8,010 shares of the company’s stock traded hands, compared to its average volume of 11,370. The stock has a fifty day moving average of $18.04 and a two-hundred day moving average of $17.29. Sprott Energy Transition Materials ETF has a 12-month low of $14.30 and a 12-month high of $20.95. The firm has a market cap of $29.56 million, a P/E ratio of 13.38 and a beta of 1.81.

Sprott Energy Transition Materials ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be paid a $0.3116 dividend. The ex-dividend date is Thursday, December 12th.

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.