iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) Short Interest Down 70.1% in July

iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 33,553 shares, a decline of 70.1% from the July 15th total of 112,090 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 228,308 shares, the days-to-cover ratio is currently 0.1 days.

iShares U.S. Power Infrastructure ETF Stock Up 0.8%

NYSEARCA:POWR traded up $0.22 during trading hours on Friday, reaching $27.11. The company had a trading volume of 123,014 shares, compared to its average volume of 171,381. The stock has a 50-day moving average of $26.95 and a two-hundred day moving average of $26.31. iShares U.S. Power Infrastructure ETF has a one year low of $23.18 and a one year high of $28.44. The firm has a market capitalization of $466.29 million, a PE ratio of 193.64 and a beta of 0.46.

Institutional Trading of iShares U.S. Power Infrastructure ETF

A hedge fund recently bought a new position in iShares U.S. Power Infrastructure ETF stock. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,000 shares of the company’s stock, valued at approximately $393,000. Clal Insurance Enterprises Holdings Ltd owned approximately 0.14% of iShares U.S. Power Infrastructure ETF at the end of the most recent quarter. Institutional investors own 60.64% of the company’s stock.