Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Down 24.2% in February

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a significant drop in short interest during the month of 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 short-interest ratio is currently 1.0 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 1,285 shares, the short-interest ratio is currently 1.0 days.

Nomura Energy Transition ETF Price Performance

Shares of PWER stock traded up $0.54 during trading hours on Monday, hitting $41.72. The company had a trading volume of 1,413 shares, compared to its average volume of 1,398. The stock has a market capitalization of $10.43 million, a PE ratio of 181.39 and a beta of 1.06. The company’s fifty day moving average is $38.08 and its 200 day moving average is $34.56. Nomura Energy Transition ETF has a fifty-two week low of $21.30 and a fifty-two week high of $41.72.

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.