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

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,016 shares, a drop of 15.9% from the December 31st total of 4,777 shares. Currently, 2.0% of the company’s stock are short sold. Based on an average daily volume of 758 shares, the days-to-cover ratio is presently 5.3 days. Based on an average daily volume of 758 shares, the days-to-cover ratio is presently 5.3 days. Currently, 2.0% of the company’s stock are short sold.

Nomura Energy Transition ETF Stock Up 3.6%

Shares of Nomura Energy Transition ETF stock traded up $1.39 on Tuesday, hitting $39.58. 1,525 shares of the company traded hands, compared to its average volume of 1,274. Nomura Energy Transition ETF has a 12-month low of $21.30 and a 12-month high of $40.09. The company has a market cap of $7.92 million, a PE ratio of 172.09 and a beta of 1.06. The company has a 50-day moving average price of $35.93 and a 200 day moving average price of $33.12.

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.