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

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 18,800 shares, a growth of 44.6% from the February 28th total of 13,000 shares. Based on an average daily trading volume, of 21,500 shares, the short-interest ratio is presently 0.9 days. Approximately 0.9% of the company’s shares are sold short.

Institutional Investors Weigh In On Sprott Energy Transition Materials ETF

A hedge fund recently raised its stake in Sprott Energy Transition Materials ETF stock. Jane Street Group LLC raised its stake in shares of Sprott Energy Transition Materials ETF (NASDAQ:SETM) by 85.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,305 shares of the company’s stock after purchasing an additional 47,243 shares during the quarter. Jane Street Group LLC owned approximately 5.01% of Sprott Energy Transition Materials ETF worth $1,542,000 at the end of the most recent reporting period.

Sprott Energy Transition Materials ETF Price Performance

Sprott Energy Transition Materials ETF stock traded down $0.02 during trading hours on Tuesday, reaching $14.11. The stock had a trading volume of 1,556 shares, compared to its average volume of 15,423. The company has a fifty day simple moving average of $15.34 and a 200-day simple moving average of $16.53. The stock has a market cap of $35.13 million, a PE ratio of 24.56 and a beta of 1.81. Sprott Energy Transition Materials ETF has a 52 week low of $13.74 and a 52 week high of $20.95.

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.