Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Short Interest Update

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,260 shares, a drop of 41.7% from the December 15th total of 2,163 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 611 shares, the short-interest ratio is presently 2.1 days. Based on an average daily trading volume, of 611 shares, the short-interest ratio is presently 2.1 days. Currently, 1.1% of the company’s shares are short sold.

Horizon Kinetics Energy and Remediation ETF Price Performance

Shares of Horizon Kinetics Energy and Remediation ETF stock traded up $0.36 during trading hours on Thursday, hitting $34.62. The company had a trading volume of 1,817 shares, compared to its average volume of 1,381. The company has a market cap of $4.15 million, a P/E ratio of 17.75 and a beta of 0.62. Horizon Kinetics Energy and Remediation ETF has a twelve month low of $25.57 and a twelve month high of $34.73. The company’s 50-day moving average is $33.02 and its two-hundred day moving average is $31.82.

Horizon Kinetics Energy and Remediation ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a dividend of $0.2994 per share. This represents a yield of 91.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

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.