AAM Transformers ETF (NYSEARCA:TRFM) Short Interest Update

AAM Transformers ETF (NYSEARCA:TRFM) was the recipient of a large growth in short interest in the month of 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. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 23,733 shares, the days-to-cover ratio is currently 0.7 days.

AAM Transformers ETF Stock Performance

Shares of AAM Transformers ETF stock traded down $0.99 during trading on Monday, reaching $55.65. The company’s stock had a trading volume of 3,952 shares, compared to its average volume of 24,369. The business’s fifty day moving average price is $51.04 and its 200-day moving average price is $49.62. The firm has a market cap of $158.60 million, a price-to-earnings ratio of 39.06 and a beta of 1.38. AAM Transformers ETF has a one year low of $39.09 and a one year 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.