Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Update

Nomura Energy Transition ETF (NYSEARCA:PWER) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,608 shares, a growth of 49.2% from the February 26th total of 1,748 shares. Based on an average trading volume of 806 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.0% of the shares of the company are short sold.

Nomura Energy Transition ETF Price Performance

Nomura Energy Transition ETF stock traded up $0.43 during midday trading on Friday, reaching $39.79. 213 shares of the company traded hands, compared to its average volume of 1,205. The firm has a market capitalization of $9.95 million, a price-to-earnings ratio of 173.00 and a beta of 1.06. Nomura Energy Transition ETF has a 12 month low of $21.30 and a 12 month high of $41.72. The business has a 50 day moving average of $39.57 and a two-hundred day moving average of $35.86.

About Nomura Energy Transition ETF

The Macquarie Energy Transition ETF (PWER) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in global companies across various sectors that facilitate transition to low carbon energy sources and lower emission power production. PWER was launched on Nov 28, 2023 and is issued by Macquarie.