VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Short Interest Down 50.2% in July

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 19,912 shares, a drop of 50.2% from the June 30th total of 39,969 shares. Based on an average daily volume of 76,537 shares, the short-interest ratio is currently 0.3 days. Currently, 1.0% of the company’s stock are sold short.

VistaShares Electrification Supercycle ETF Stock Performance

POW stock traded up $1.54 during trading on Thursday, reaching $25.64. The stock had a trading volume of 30,820 shares, compared to its average volume of 62,913. VistaShares Electrification Supercycle ETF has a one year low of $18.72 and a one year high of $35.55. The stock has a 50 day moving average price of $29.34.

Institutional Investors Weigh In On VistaShares Electrification Supercycle ETF

A hedge fund recently raised its position in VistaShares Electrification Supercycle ETF stock. Beaumont Financial Advisors LLC boosted 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 disclosure with the SEC. The firm owned 26,547 shares of the company’s stock after buying an additional 12,824 shares during the quarter. Beaumont Financial Advisors LLC owned approximately 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 institutional investors.