Macquarie Energy Transition ETF (NYSEARCA:PWER) Short Interest Update

Macquarie Energy Transition ETF (NYSEARCA:PWER) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,777 shares, an increase of 387.4% from the December 15th total of 980 shares. Based on an average daily volume of 1,057 shares, the short-interest ratio is presently 4.5 days. Currently, 2.4% of the shares of the company are sold short. Currently, 2.4% of the shares of the company are sold short. Based on an average daily volume of 1,057 shares, the short-interest ratio is presently 4.5 days.

Macquarie Energy Transition ETF Price Performance

Shares of NYSEARCA PWER traded up $0.40 during trading on Tuesday, reaching $37.14. 804 shares of the stock traded hands, compared to its average volume of 801. The stock has a market capitalization of $7.43 million, a P/E ratio of 161.48 and a beta of 1.06. Macquarie Energy Transition ETF has a 52-week low of $21.30 and a 52-week high of $37.14. The company has a 50-day moving average of $34.39 and a 200-day moving average of $32.16.

About Macquarie 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.