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

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the recipient of a large decline in short interest in 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 days-to-cover ratio is currently 0.2 days. Approximately 1.5% of the company’s stock are short sold.

VistaShares Electrification Supercycle ETF Price Performance

NYSEARCA:POW traded down $1.33 on Friday, hitting $30.71. 87,874 shares of the company’s stock were exchanged, compared to its average volume of 51,950. VistaShares Electrification Supercycle ETF has a 52 week low of $18.72 and a 52 week high of $35.55.

Institutional Investors Weigh In On VistaShares Electrification Supercycle ETF

A hedge fund recently raised its stake 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 1st quarter, according to 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 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 98.49% of the company’s stock.