Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Down 15.9% in January

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 4,016 shares, a decrease of 15.9% from the December 31st total of 4,777 shares. Based on an average daily trading volume, of 758 shares, the days-to-cover ratio is presently 5.3 days. Currently, 2.0% of the company’s stock are sold short. Currently, 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 758 shares, the days-to-cover ratio is presently 5.3 days.

Nomura Energy Transition ETF Stock Down 0.3%

Shares of PWER stock traded down $0.12 on Wednesday, hitting $39.66. The stock had a trading volume of 1,319 shares, compared to its average volume of 1,275. Nomura Energy Transition ETF has a one year low of $21.30 and a one year high of $40.09. The business has a 50 day moving average price of $36.07 and a 200 day moving average price of $33.20. The company has a market cap of $7.93 million, a PE ratio of 172.43 and a beta of 1.06.

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.