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

Nomura Energy Transition ETF (NYSEARCA:PWER) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 4,777 shares, an increase of 387.4% from the December 15th total of 980 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 1,057 shares, the days-to-cover ratio is presently 4.5 days. Based on an average daily trading volume, of 1,057 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.4% of the company’s shares are sold short.

Nomura Energy Transition ETF Stock Performance

PWER opened at $37.24 on Thursday. The stock has a market capitalization of $7.45 million, a PE ratio of 161.91 and a beta of 1.06. The stock’s 50 day moving average price is $34.56 and its 200-day moving average price is $32.25. Nomura Energy Transition ETF has a 52-week low of $21.30 and a 52-week high of $37.31.

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.