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

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 108 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 467 shares, the days-to-cover ratio is currently 0.2 days.

Horizon Kinetics Energy and Remediation ETF Price Performance

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

Horizon Kinetics Energy and Remediation ETF Company Profile

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.