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

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, a decline of 87.5% from the March 31st total of 3,200 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Sprott Energy Transition Materials ETF

An institutional investor recently raised its position in Sprott Energy Transition Materials ETF stock. National Bank of Canada FI boosted its stake in Sprott Energy Transition Materials ETF (NASDAQ:SETM) by 234.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,648 shares of the company’s stock after purchasing an additional 2,556 shares during the period. National Bank of Canada FI owned about 0.52% of Sprott Energy Transition Materials ETF worth $63,000 at the end of the most recent quarter.

Sprott Energy Transition Materials ETF Trading Up 0.9 %

Sprott Energy Transition Materials ETF stock traded up $0.16 during mid-day trading on Thursday, hitting $17.90. The company’s stock had a trading volume of 3,265 shares, compared to its average volume of 6,280. Sprott Energy Transition Materials ETF has a 1 year low of $15.29 and a 1 year high of $19.19. The firm has a market capitalization of $12.53 million, a PE ratio of 12.33 and a beta of 1.81. The stock’s fifty day moving average is $17.10 and its two-hundred day moving average is $16.85.

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.