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Sprott Energy Transition Materials ETF (SETM) Short Interest Ratio & Short Volume

$17.89 -0.06 (-0.33%)
(As of 11/20/2024 ET)

Sprott Energy Transition Materials ETF Short Interest Data

Sprott Energy Transition Materials ETF (SETM) has a short interest of 10,900 shares. This marks a -45.23% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.6, indicating that it would take 0.6 days of the average trading volume of 11,362 shares to cover all short positions.

Current Short Interest
10,900 shares
Previous Short Interest
19,900 shares
Change Vs. Previous Month
-45.23%
Dollar Volume Sold Short
$195,764.00
Short Interest Ratio
0.6 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
1,800,000 shares
Percentage of Shares Shorted
0.61%
Today's Trading Volume
3,520 shares
Average Trading Volume
11,362 shares
Today's Volume Vs. Average
31%
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SETM Short Interest Over Time

SETM Days to Cover Over Time

SETM Percentage of Float Shorted Over Time

Sprott Energy Transition Materials ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/202410,900 shares $195,764.00 -45.2%N/A0.6 $17.96
10/15/202419,900 shares $361,384.00 -23.2%N/A1.2 $18.16
9/30/202425,900 shares $463,092.00 +8.8%N/A1.6 $17.88
9/15/202423,800 shares $377,230.00 +13.3%N/A1.6 $15.85
8/31/202421,000 shares $336,840.00 +47.9%N/A1.4 $16.04
8/15/202414,200 shares $220,100.00 -12.9%N/A1 $15.50
7/31/202416,300 shares $273,355.89 -28.5%N/A1.3 $16.77
7/15/202422,800 shares $414,732.00 +68.9%N/A2.1 $18.19
6/30/202413,500 shares $231,529.05 -43.0%N/A1.2 $17.15
6/15/202423,700 shares $413,171.58 +117.4%N/A2.3 $17.43
5/31/202410,900 shares $214,948.00 +98.2%N/A1.4 $19.72
5/15/20245,500 shares $107,876.45 -40.9%N/A0.8 $19.61
4/30/20249,300 shares $168,609.00 +2,225.0%N/A1.4 $18.13
4/15/2024400 shares $7,218.16 -87.5%N/A0.1 $18.05
3/31/2024600 shares $10,392.00 -62.5%N/A0 $17.32
3/15/20241,600 shares $27,144.00 +166.7%N/A0.3 $16.97
2/29/2024600 shares $9,768.00 -75.0%N/A0.1 $16.28
2/15/20242,400 shares $38,316.00 +500.0%N/A0.4 $15.97
1/31/2024400 shares $6,464.20 No ChangeN/A0.1 $16.16

SETM Short Interest - Frequently Asked Questions

What is Sprott Energy Transition Materials ETF's current short interest?

Short interest is the volume of Sprott Energy Transition Materials ETF shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 10,900 shares of SETM short. Learn More on Sprott Energy Transition Materials ETF's current short interest.

What is a good short interest ratio for Sprott Energy Transition Materials ETF?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SETM shares currently have a short interest ratio of 1.0. Learn More on Sprott Energy Transition Materials ETF's short interest ratio.

Is Sprott Energy Transition Materials ETF's short interest increasing or decreasing?

Sprott Energy Transition Materials ETF saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 10,900 shares, a decline of 45.2% from the previous total of 19,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Sprott Energy Transition Materials ETF's short interest compare to its competitors?
Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Sprott Energy Transition Materials ETF stock?

Short selling SETM is an investing strategy that aims to generate trading profit from Sprott Energy Transition Materials ETF as its price is falling. SETM shares are trading down $0.06 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Sprott Energy Transition Materials ETF?

A short squeeze for Sprott Energy Transition Materials ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of SETM, which in turn drives the price of the stock up even further.

How often is Sprott Energy Transition Materials ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SETM, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:SETM) was last updated on 11/21/2024 by MarketBeat.com Staff
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