Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) Sees Large Drop in Short Interest

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 36 shares, a decline of 66.7% from the September 15th total of 108 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 334 shares, the short-interest ratio is currently 0.1 days.

Horizon Kinetics Energy and Remediation ETF Stock Up 1.7%

Shares of NVIR traded up $0.67 during trading hours on Tuesday, hitting $40.67. The company had a trading volume of 36 shares, compared to its average volume of 1,024. Horizon Kinetics Energy and Remediation ETF has a 52-week low of $31.51 and a 52-week high of $41.31. The stock’s 50 day moving average price is $39.79 and its 200 day moving average price is $39.37. The firm has a market cap of $4.88 million, a P/E ratio of 17.75 and a beta of 0.38.

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.