Short Interest in Nomura Energy Transition ETF (NYSEARCA:PWER) Declines By 37.5%

Nomura Energy Transition ETF (NYSEARCA:PWER) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,631 shares, a decrease of 37.5% from the March 15th total of 2,608 shares. Based on an average daily volume of 1,054 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.6% of the company’s shares are short sold.

Nomura Energy Transition ETF Price Performance

Shares of Nomura Energy Transition ETF stock traded down $0.34 during trading on Tuesday, reaching $41.72. 181 shares of the company traded hands, compared to its average volume of 1,134. Nomura Energy Transition ETF has a 1-year low of $23.22 and a 1-year high of $42.37. The company has a 50 day moving average price of $40.13 and a 200-day moving average price of $36.63. The firm has a market capitalization of $11.68 million, a PE ratio of 181.39 and a beta of 0.87.

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.