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

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 2 shares, a decline of 98.6% from the July 30th total of 139 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 175 shares, the days-to-cover ratio is presently 0.0 days.

Horizon Kinetics Energy and Remediation ETF Trading Down 0.5%

NYSEARCA:NVIR traded down $0.21 during midday trading on Tuesday, hitting $39.99. 22 shares of the company were exchanged, compared to its average volume of 1,160. Horizon Kinetics Energy and Remediation ETF has a fifty-two week low of $30.64 and a fifty-two week high of $41.31. The company has a market capitalization of $6.00 million, a PE ratio of 17.75 and a beta of 0.35. The company has a fifty day simple moving average of $38.97 and a 200 day simple moving average of $39.18.

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.