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

Horizon Kinetics Energy and Remediation ETF (NYSEARCA:NVIR) was the target of a significant decline in short interest in 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 stock are short sold. Based on an average daily volume of 334 shares, the days-to-cover ratio is currently 0.1 days.

Horizon Kinetics Energy and Remediation ETF Price Performance

Shares of NVIR stock traded up $0.35 during mid-day trading on Monday, hitting $40.00. 36 shares of the stock traded hands, compared to its average volume of 1,027. The stock has a market cap of $4.80 million, a P/E ratio of 17.75 and a beta of 0.38. The stock’s fifty day moving average is $39.74 and its two-hundred day moving average is $39.38. Horizon Kinetics Energy and Remediation ETF has a 52-week low of $31.51 and a 52-week high of $41.31.

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.