AAM Transformers ETF (NYSEARCA:TRFM) Short Interest Update

AAM Transformers ETF (NYSEARCA:TRFM) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 16,333 shares, a growth of 110.2% from the April 15th total of 7,772 shares. Based on an average daily trading volume, of 23,733 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are sold short.

AAM Transformers ETF Trading Down 2.6%

AAM Transformers ETF stock traded down $1.51 during midday trading on Friday, reaching $56.64. The stock had a trading volume of 43,383 shares, compared to its average volume of 24,600. The company has a market capitalization of $161.42 million, a P/E ratio of 39.06 and a beta of 1.38. The company has a fifty day moving average price of $51.04 and a two-hundred day moving average price of $49.63. AAM Transformers ETF has a 12 month low of $39.09 and a 12 month high of $58.32.

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.