Short Interest in VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Decreases By 38.7%

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 19,200 shares, a decline of 38.7% from the April 15th total of 31,344 shares. Based on an average daily trading volume, of 90,119 shares, the short-interest ratio is currently 0.2 days. Approximately 1.5% of the company’s stock are short sold.

Institutional Trading of VistaShares Electrification Supercycle ETF

An institutional investor recently raised its position in VistaShares Electrification Supercycle ETF stock. Beaumont Financial Advisors LLC grew its stake in shares of VistaShares Electrification Supercycle ETF (NYSEARCA:POW) by 93.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,547 shares of the company’s stock after acquiring 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. 98.49% of the stock is currently owned by institutional investors.

VistaShares Electrification Supercycle ETF Stock Performance

Shares of VistaShares Electrification Supercycle ETF stock traded down $0.52 during trading hours on Tuesday, hitting $29.32. 64,678 shares of the company’s stock traded hands, compared to its average volume of 52,486. VistaShares Electrification Supercycle ETF has a twelve month low of $18.72 and a twelve month high of $35.55.