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

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

Horizon Kinetics Energy and Remediation ETF Price Performance

Shares of NYSEARCA NVIR traded down $0.08 during midday trading on Monday, hitting $38.68. The stock had a trading volume of 408 shares, compared to its average volume of 1,065. The company’s 50-day simple moving average is $39.83 and its 200 day simple moving average is $39.45. The firm has a market cap of $4.64 million, a P/E ratio of 17.75 and a beta of 0.35. Horizon Kinetics Energy and Remediation ETF has a fifty-two week low of $31.26 and a fifty-two week high of $41.31.

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.