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

Nomura Energy Transition ETF (NYSEARCA:PWER) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,562 shares, an increase of 164.7% from the May 14th total of 590 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 438 shares, the days-to-cover ratio is presently 3.6 days.

Nomura Energy Transition ETF Stock Up 1.5%

Shares of NYSEARCA PWER traded up $0.65 during trading on Friday, reaching $43.74. 442 shares of the stock were exchanged, compared to its average volume of 1,000. The business’s 50-day moving average price is $42.92 and its 200 day moving average price is $39.52. The company has a market capitalization of $12.25 million, a price-to-earnings ratio of 190.17 and a beta of 0.78. Nomura Energy Transition ETF has a twelve month low of $28.14 and a twelve month high of $46.60.

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.