Nomura Energy Transition ETF (NYSEARCA:PWER) Short Interest Up 71.5% in August

Nomura Energy Transition ETF (NYSEARCA:PWER) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,243 shares, an increase of 71.5% from the July 30th total of 1,308 shares. Based on an average daily trading volume, of 1,320 shares, the short-interest ratio is currently 1.7 days. Approximately 0.8% of the shares of the stock are short sold.

Nomura Energy Transition ETF Trading Down 0.2%

Shares of Nomura Energy Transition ETF stock opened at $45.65 on Wednesday. The company’s 50-day moving average price is $42.69 and its 200-day moving average price is $42.10. Nomura Energy Transition ETF has a 12-month low of $30.58 and a 12-month high of $46.73. The company has a market cap of $12.78 million, a price-to-earnings ratio of 198.48 and a beta of 0.85.

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.