Short Interest in Nomura Energy Transition ETF (NYSEARCA:PWER) Expands By 37.1%

Nomura Energy Transition ETF (NYSEARCA:PWER) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 1,748 shares, an increase of 37.1% from the February 12th total of 1,275 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 2,030 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 2,030 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the company’s stock are sold short.

Nomura Energy Transition ETF Stock Down 2.7%

Shares of PWER traded down $1.09 during midday trading on Friday, hitting $39.02. The company had a trading volume of 761 shares, compared to its average volume of 1,281. The stock has a market cap of $9.76 million, a price-to-earnings ratio of 169.65 and a beta of 1.06. The company’s 50 day moving average price is $39.05 and its 200 day moving average price is $35.21. Nomura Energy Transition ETF has a 52 week low of $21.30 and a 52 week high of $41.72.

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.