Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Update

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 1,275 shares, a drop of 24.2% from the January 29th total of 1,683 shares. Based on an average trading volume of 1,285 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 1,285 shares, the days-to-cover ratio is presently 1.0 days.

Nomura Energy Transition ETF Stock Performance

PWER traded up $0.21 during midday trading on Wednesday, reaching $40.64. 79 shares of the company were exchanged, compared to its average volume of 1,361. The company has a market cap of $10.16 million, a price-to-earnings ratio of 176.70 and a beta of 1.06. Nomura Energy Transition ETF has a one year low of $21.30 and a one year high of $41.72. The company’s fifty day moving average price is $38.42 and its 200 day moving average price is $34.77.

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.