Short Interest in Sprott Energy Transition Materials ETF (NASDAQ:SETM) Grows By 36.4%

Sprott Energy Transition Materials ETF (NASDAQ:SETM) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 12,000 shares, a growth of 36.4% from the January 31st total of 8,800 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Sprott Energy Transition Materials ETF

An institutional investor recently raised its position in Sprott Energy Transition Materials ETF stock. Jane Street Group LLC increased 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 disclosure with the SEC. The institutional investor owned 102,305 shares of the company’s stock after buying an additional 47,243 shares during the quarter. Jane Street Group LLC owned about 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

Shares of NASDAQ:SETM opened at $14.14 on Tuesday. The business’s 50 day moving average price is $15.58 and its 200-day moving average price is $16.62. The firm has a market capitalization of $28.85 million, a PE ratio of 24.01 and a beta of 1.81. Sprott Energy Transition Materials ETF has a 1 year low of $14.05 and a 1 year high of $20.95.

Sprott Energy Transition Materials ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were paid a $0.3116 dividend. The ex-dividend date of this dividend was 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.