Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Update

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,562 shares, a growth of 164.7% from the May 14th total of 590 shares. Based on an average daily trading volume, of 438 shares, the short-interest ratio is currently 3.6 days. Approximately 0.6% of the company’s shares are sold short.

Nomura Energy Transition ETF Price Performance

NYSEARCA PWER traded up $0.65 during mid-day trading on Friday, reaching $43.74. 442 shares of the stock were exchanged, compared to its average volume of 1,000. Nomura Energy Transition ETF has a one year low of $28.14 and a one year high of $46.60. The stock has a 50 day simple moving average of $42.92 and a 200-day simple moving average of $39.52. The stock has a market cap of $12.25 million, a P/E ratio of 190.17 and a beta of 0.78.

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.