Nomura Energy Transition ETF (NYSEARCA:PWER) Shares Shorted: Short Interest Down 55.1% in September

Nomura Energy Transition ETF (NYSEARCA:PWER) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,145 shares, a decline of 55.1% from the September 15th total of 2,550 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 1,493 shares, the short-interest ratio is currently 0.8 days.

Nomura Energy Transition ETF Price Performance

Nomura Energy Transition ETF stock traded up $0.53 during mid-day trading on Tuesday, hitting $45.46. The company’s stock had a trading volume of 1,670 shares, compared to its average volume of 1,014. The business has a 50 day moving average price of $45.13 and a 200-day moving average price of $43.14. Nomura Energy Transition ETF has a 12 month low of $31.83 and a 12 month high of $47.15. The stock has a market cap of $12.73 million, a price-to-earnings ratio of 197.65 and a beta of 0.88.

Nomura Energy Transition ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.2260 dividend. This is an increase from Nomura Energy Transition ETF’s previous quarterly dividend of $0.0609. This represents a $0.90 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Monday, September 21st. Nomura Energy Transition ETF’s dividend payout ratio (DPR) is presently 213.04%.

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.