Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Short Interest Update

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 2,691 shares, an increase of 73.6% from the January 15th total of 1,550 shares. Based on an average daily volume of 376 shares, the short-interest ratio is presently 7.2 days. Approximately 2.2% of the company’s shares are sold short. Approximately 2.2% of the company’s shares are sold short. Based on an average daily volume of 376 shares, the short-interest ratio is presently 7.2 days.

Horizon Kinetics Energy and Remediation ETF Stock Performance

NVIR traded up $0.70 during trading on Friday, reaching $38.06. The company had a trading volume of 414 shares, compared to its average volume of 784. The firm’s 50-day simple moving average is $34.35 and its 200 day simple moving average is $32.65. The company has a market cap of $4.57 million, a price-to-earnings ratio of 17.75 and a beta of 0.62. Horizon Kinetics Energy and Remediation ETF has a 12-month low of $25.57 and a 12-month high of $38.13.

Horizon Kinetics Energy and Remediation ETF Dividend Announcement

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

About Horizon Kinetics Energy and Remediation ETF

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.