Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Up 71.5% in August

Nomura Energy Transition ETF (NYSEARCA:PWER) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 2,243 shares, a growth of 71.5% from the July 30th total of 1,308 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 1,320 shares, the short-interest ratio is currently 1.7 days.

Nomura Energy Transition ETF Price Performance

Nomura Energy Transition ETF stock remained flat at $45.74 during mid-day trading on Tuesday. 265 shares of the company traded hands, compared to its average volume of 1,004. Nomura Energy Transition ETF has a one year low of $30.58 and a one year high of $46.73. The stock has a market cap of $12.81 million, a price-to-earnings ratio of 198.87 and a beta of 0.85. The company has a 50 day moving average of $42.61 and a 200 day moving average of $42.07.

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.