AAM Transformers ETF (NYSEARCA:TRFM) Short Interest Down 64.1% in July

AAM Transformers ETF (NYSEARCA:TRFMGet Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 8,676 shares, a decrease of 64.1% from the June 30th total of 24,140 shares. Based on an average trading volume of 30,485 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

AAM Transformers ETF Trading Down 1.4%

NYSEARCA:TRFM traded down $0.81 on Tuesday, reaching $56.59. 35,078 shares of the stock traded hands, compared to its average volume of 27,986. The firm has a market capitalization of $226.36 million, a price-to-earnings ratio of 39.06 and a beta of 1.38. The company’s 50 day moving average is $59.99 and its 200-day moving average is $53.84. AAM Transformers ETF has a 1-year low of $42.64 and a 1-year high of $64.50.

AAM Transformers ETF Company Profile

(Get Free Report)

The AAM Transformers ETF (TRFM) is an exchange-traded fund that is based on the Pence Transformers index. The fund tracks a modified equal-weighted index of US-listed companies that have the potential to transform consumer behavior and technological innovation. Companies are screened for their spending on research and development (R&D). TRFM was launched on Jul 11, 2022 and is managed by AAM.

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