Short Interest in Nomura Energy Transition ETF (NYSEARCA:PWER) Rises By 49.2%

Nomura Energy Transition ETF (NYSEARCA:PWER) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,608 shares, a growth of 49.2% from the February 26th total of 1,748 shares. Based on an average daily trading volume, of 806 shares, the short-interest ratio is presently 3.2 days. Currently, 1.0% of the company’s shares are short sold.

Nomura Energy Transition ETF Stock Up 1.1%

PWER traded up $0.43 during trading on Friday, reaching $39.79. The company had a trading volume of 213 shares, compared to its average volume of 1,205. The business has a 50 day simple moving average of $39.57 and a 200-day simple moving average of $35.83. The stock has a market cap of $9.95 million, a P/E ratio of 173.00 and a beta of 1.06. Nomura Energy Transition ETF has a 52 week low of $21.30 and a 52 week high of $41.72.

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.