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

Nomura Energy Transition ETF (NYSEARCA:PWER) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,562 shares, an increase of 164.7% from the May 14th total of 590 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 438 shares, the short-interest ratio is currently 3.6 days.

Nomura Energy Transition ETF Price Performance

Shares of NYSEARCA:PWER traded up $0.65 during midday trading on Friday, hitting $43.74. 442 shares of the company’s stock were exchanged, compared to its average volume of 1,000. The stock has a 50 day moving average price of $42.92 and a 200-day moving average price of $39.52. The company has a market cap of $12.25 million, a PE ratio of 190.17 and a beta of 0.78. Nomura Energy Transition ETF has a 12 month low of $28.14 and a 12 month high of $46.60.

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.