VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Short Interest Up 126.3% in August

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 78,028 shares, a growth of 126.3% from the July 30th total of 34,482 shares. Approximately 3.4% of the company’s shares are short sold. Based on an average daily volume of 34,034 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Trading of VistaShares Electrification Supercycle ETF

A hedge fund recently raised its position in VistaShares Electrification Supercycle ETF stock. Beaumont Financial Advisors LLC increased its position in shares of VistaShares Electrification Supercycle ETF (NYSEARCA:POW) by 93.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,547 shares of the company’s stock after acquiring an additional 12,824 shares during the quarter. Beaumont Financial Advisors LLC owned about 2.12% of VistaShares Electrification Supercycle ETF worth $644,000 as of its most recent SEC filing. 98.49% of the stock is currently owned by hedge funds and other institutional investors.

VistaShares Electrification Supercycle ETF Trading Down 2.0%

NYSEARCA:POW traded down $0.54 during mid-day trading on Friday, hitting $25.91. The company had a trading volume of 16,403 shares, compared to its average volume of 58,893. VistaShares Electrification Supercycle ETF has a fifty-two week low of $18.72 and a fifty-two week high of $35.55. The company has a fifty day moving average price of $27.71.