AAM Transformers ETF (NYSEARCA:TRFM) Short Interest Up 180.1% in July

AAM Transformers ETF (NYSEARCA:TRFM) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 24,298 shares, a growth of 180.1% from the July 15th total of 8,676 shares. Based on an average trading volume of 44,155 shares, the short-interest ratio is currently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

AAM Transformers ETF Stock Performance

Shares of NYSEARCA TRFM opened at $62.67 on Friday. The stock has a market cap of $266.35 million, a PE ratio of 39.06 and a beta of 1.40. AAM Transformers ETF has a fifty-two week low of $43.22 and a fifty-two week high of $64.50. The stock has a fifty day moving average of $60.07 and a 200-day moving average of $54.73.

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.