AAM Transformers ETF (NYSEARCA:TRFM) Short Interest Update

AAM Transformers ETF (NYSEARCA:TRFM) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 16,333 shares, an increase of 110.2% from the April 15th total of 7,772 shares. Currently, 0.6% of the shares of the stock 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

TRFM traded down $1.51 during 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 business has a 50-day moving average of $51.04 and a 200-day moving average of $49.63. AAM Transformers ETF has a one year low of $39.09 and a one year high of $58.32. The stock has a market cap of $161.42 million, a PE ratio of 39.06 and a beta of 1.38.

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.