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 April. As of April 30th, there was short interest totaling 454 shares, a growth of 206.8% from the April 15th total of 148 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 794 shares, the days-to-cover ratio is currently 0.6 days.

Nomura Energy Transition ETF Stock Down 1.1%

NYSEARCA PWER traded down $0.48 on Thursday, reaching $44.05. The company had a trading volume of 3,188 shares, compared to its average volume of 1,054. The stock’s 50 day moving average is $41.11 and its 200-day moving average is $37.96. The stock has a market cap of $12.33 million, a price-to-earnings ratio of 191.52 and a beta of 0.79. Nomura Energy Transition ETF has a 52 week low of $26.24 and a 52 week high of $44.53.

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.