Nomura Energy Transition ETF (NYSEARCA:PWER) Shares Shorted: Short Interest Down 55.1% in September

Nomura Energy Transition ETF (NYSEARCA:PWER) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,145 shares, a decline of 55.1% from the September 15th total of 2,550 shares. Based on an average daily volume of 1,493 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s shares are short sold.

Nomura Energy Transition ETF Trading Up 1.2%

Shares of NYSEARCA:PWER traded up $0.53 during trading on Tuesday, reaching $45.46. 1,670 shares of the company traded hands, compared to its average volume of 1,014. The firm has a market capitalization of $12.73 million, a price-to-earnings ratio of 197.65 and a beta of 0.88. Nomura Energy Transition ETF has a 52-week low of $31.83 and a 52-week high of $47.15. The business’s fifty day moving average is $45.13 and its 200-day moving average is $43.14.

Nomura Energy Transition ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.2260 per share. The ex-dividend date was Monday, September 21st. This represents a $0.90 dividend on an annualized basis and a yield of 2.0%. This is an increase from Nomura Energy Transition ETF’s previous quarterly dividend of $0.0609. Nomura Energy Transition ETF’s dividend payout ratio (DPR) is currently 213.04%.

About Nomura Energy Transition ETF

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.