Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Short Interest Down 41.7% in December

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,260 shares, a decrease of 41.7% from the December 15th total of 2,163 shares. Based on an average daily volume of 611 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.1% of the shares of the stock are short sold. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 611 shares, the days-to-cover ratio is presently 2.1 days.

Horizon Kinetics Energy and Remediation ETF Stock Up 0.3%

NVIR stock traded up $0.09 during trading on Friday, hitting $34.50. The company had a trading volume of 357 shares, compared to its average volume of 1,287. The firm has a 50-day moving average price of $33.06 and a 200-day moving average price of $31.84. Horizon Kinetics Energy and Remediation ETF has a 12 month low of $25.57 and a 12 month high of $34.73. The stock has a market cap of $4.14 million, a price-to-earnings ratio of 17.75 and a beta of 0.62.

Horizon Kinetics Energy and Remediation ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.2994 per share. This represents a dividend yield of 91.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

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.