Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Sees Large Growth in Short Interest

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 108 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 467 shares, the short-interest ratio is currently 0.2 days.

Horizon Kinetics Energy and Remediation ETF Price Performance

Shares of NVIR stock opened at $37.81 on Wednesday. The stock has a market capitalization of $4.54 million, a PE ratio of 17.75 and a beta of 0.35. Horizon Kinetics Energy and Remediation ETF has a 1-year low of $31.26 and a 1-year high of $41.31. The business has a 50-day moving average of $39.79 and a 200 day moving average of $39.43.

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.