Short Interest in Nomura Energy Transition ETF (NYSEARCA:PWER) Increases By 206.8%

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 454 shares, an increase of 206.8% from the April 15th total of 148 shares. Based on an average daily trading volume, of 794 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.

Nomura Energy Transition ETF Price Performance

Shares of PWER stock traded down $1.05 on Friday, hitting $43.00. 5,975 shares of the company’s stock were exchanged, compared to its average volume of 1,106. Nomura Energy Transition ETF has a 12 month low of $26.24 and a 12 month high of $44.53. The stock has a market cap of $12.04 million, a P/E ratio of 186.96 and a beta of 0.79. The company has a 50 day moving average of $41.16 and a 200 day moving average of $37.99.

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.