VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Sees Large Increase in Short Interest

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 34,482 shares, an increase of 73.2% from the July 15th total of 19,912 shares. Based on an average trading volume of 79,973 shares, the short-interest ratio is currently 0.4 days. Approximately 1.5% of the company’s stock are sold short.

Institutional Trading of VistaShares Electrification Supercycle ETF

A hedge fund recently raised its position in VistaShares Electrification Supercycle ETF stock. Beaumont Financial Advisors LLC grew its holdings in shares of VistaShares Electrification Supercycle ETF (NYSEARCA:POW) by 93.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,547 shares of the company’s stock after purchasing an additional 12,824 shares during the period. Beaumont Financial Advisors LLC owned about 2.12% of VistaShares Electrification Supercycle ETF worth $644,000 at the end of the most recent quarter. Institutional investors and hedge funds own 98.49% of the company’s stock.

VistaShares Electrification Supercycle ETF Price Performance

Shares of VistaShares Electrification Supercycle ETF stock traded up $0.42 during trading on Monday, reaching $28.37. The stock had a trading volume of 24,064 shares, compared to its average volume of 60,541. VistaShares Electrification Supercycle ETF has a 52 week low of $18.72 and a 52 week high of $35.55. The business’s fifty day simple moving average is $28.38.