Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Up 206.8% in April

Nomura Energy Transition ETF (NYSEARCA:PWER) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 454 shares, a growth of 206.8% from the April 15th total of 148 shares. Based on an average daily volume of 794 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Nomura Energy Transition ETF Stock Down 2.4%

Nomura Energy Transition ETF stock traded down $1.05 during mid-day trading on Friday, reaching $43.00. 5,975 shares of the company’s stock were exchanged, compared to its average volume of 1,106. The business’s fifty day simple moving average is $41.16 and its 200 day simple moving average is $37.99. The firm has a market capitalization of $12.04 million, a PE ratio of 186.96 and a beta of 0.79. Nomura Energy Transition ETF has a one year low of $26.24 and a one year high of $44.53.

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.