iShares Transition-Enabling Metals ETF (TMET) Short Interest Ratio & Short Volume

Short interest is the volume of iShares Transition-Enabling Metals ETF shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 500 shares of TMET short. Learn More on iShares Transition-Enabling Metals ETF's current short interest.

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. TMET shares currently have a short interest ratio of 5.0. Learn More on iShares Transition-Enabling Metals ETF's short interest ratio.

Here is how the short interest of companies compare to iShares Transition-Enabling Metals ETF: VanEck Robotics ETF (2.11%), Tema Neuroscience and Mental Health ETF (0.16%), Sprott Junior Copper Miners ETF (0.14%), Enact Holdings, Inc. (4.80%), Global X Clean Water ETF (0.12%), Sprott Nickel Miners ETF (1.33%), SPAC and New Issue ETF (1.64%), iShares ESG MSCI USA Min Vol Factor ETF (0.02%), Short Duration Green Bond ETF (2.28%), Themes Generative Artificial Intelligence ETF (0.02%),

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.

Short selling TMET is an investing strategy that aims to generate trading profit from iShares Transition-Enabling Metals ETF as its price is falling. TMET shares are trading up $0.04 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.

A short squeeze for iShares Transition-Enabling Metals 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 TMET, which in turn drives the price of the stock up even further.

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