Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Sees Significant Decrease in Short Interest

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 11 shares, a decline of 69.4% from the September 30th total of 36 shares. Based on an average daily trading volume, of 199 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Horizon Kinetics Energy and Remediation ETF Price Performance

NYSEARCA:NVIR traded up $0.04 on Thursday, hitting $41.18. 2,620 shares of the company’s stock were exchanged, compared to its average volume of 995. The firm has a 50-day moving average price of $39.85 and a 200-day moving average price of $39.00. Horizon Kinetics Energy and Remediation ETF has a 52 week low of $31.87 and a 52 week high of $41.32. The company has a market cap of $4.94 million, a P/E ratio of 17.75 and a beta of 0.38.

Horizon Kinetics Energy and Remediation ETF Company Profile

The Horizon Kinetics Energy and Remediation ETF (NVIR) is an exchange-traded fund that mostly invests in energy equity. The fund is actively managed to provide concentrated exposure to firms that are engaged in producing hydrocarbon-based energy or related remediation companies. Companies may be domiciled anywhere around the globe and of any capitalization. NVIR was launched on Feb 21, 2023 and is managed by Horizon.