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

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

Horizon Kinetics Energy and Remediation ETF Stock Performance

Horizon Kinetics Energy and Remediation ETF stock traded up $0.35 during midday trading on Monday, hitting $40.00. 36 shares of the company were exchanged, compared to its average volume of 1,027. The firm has a market capitalization of $4.80 million, a PE ratio of 17.75 and a beta of 0.38. Horizon Kinetics Energy and Remediation ETF has a fifty-two week low of $31.51 and a fifty-two week high of $41.31. The business has a fifty day simple moving average of $39.74 and a two-hundred day simple moving average of $39.38.

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Horizon Kinetics Energy and Remediation ETF Company Profile

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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.

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