AAM Transformers ETF (NYSEARCA:TRFM – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 3,390 shares, a drop of 75.1% from the October 15th total of 13,634 shares. Based on an average daily volume of 28,751 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.
AAM Transformers ETF Stock Performance
TRFM opened at $54.03 on Thursday. The firm has a market capitalization of $310.67 million, a PE ratio of 39.06 and a beta of 1.41. AAM Transformers ETF has a 52-week low of $43.76 and a 52-week high of $64.50. The business’s 50-day simple moving average is $57.20 and its 200 day simple moving average is $55.64.
About AAM Transformers ETF
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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