Short Interest in Nomura Energy Transition ETF (NYSEARCA:PWER) Expands By 37.1%

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,748 shares, an increase of 37.1% from the February 12th total of 1,275 shares. Based on an average trading volume of 2,030 shares, the short-interest ratio is presently 0.9 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 2,030 shares, the short-interest ratio is presently 0.9 days.

Nomura Energy Transition ETF Stock Performance

Shares of NYSEARCA:PWER traded down $1.09 during midday trading on Friday, hitting $39.02. 761 shares of the company’s stock traded hands, compared to its average volume of 1,281. The firm’s fifty day moving average price is $39.05 and its two-hundred day moving average price is $35.21. Nomura Energy Transition ETF has a twelve month low of $21.30 and a twelve month high of $41.72. The company has a market cap of $9.76 million, a PE ratio of 169.65 and a beta of 1.06.

Nomura Energy Transition ETF Company Profile

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.