Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Sees Large Decrease in Short Interest

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 608 shares, a decline of 83.4% from the February 26th total of 3,652 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 3,093 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 3,093 shares, the short-interest ratio is presently 0.2 days. Approximately 0.5% of the company’s stock are short sold.

Horizon Kinetics Energy and Remediation ETF Price Performance

NVIR traded up $0.09 during trading on Wednesday, hitting $40.83. The company had a trading volume of 155 shares, compared to its average volume of 1,973. Horizon Kinetics Energy and Remediation ETF has a 1-year low of $25.57 and a 1-year high of $41.07. The company has a market cap of $4.90 million, a PE ratio of 17.75 and a beta of 0.62. The business has a 50-day moving average of $37.73 and a 200-day moving average of $34.34.

Horizon Kinetics Energy and Remediation ETF Company Profile

The Horizon Kinetics Energy and Remediation ETF (NVIR) is an exchange-traded fund that mostly invests in energy equity. The fund is actively managed to provide concentrated exposure to firms that are engaged in producing hydrocarbon-based energy or related remediation companies. Companies may be domiciled anywhere around the globe and of any capitalization. NVIR was launched on Feb 21, 2023 and is managed by Horizon.