VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Short Interest Update

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the target of a significant drop in short interest in the month of 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 trading volume of 76,537 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.0% of the shares of the stock are short sold.

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 lifted 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 & Exchange Commission. The institutional investor owned 26,547 shares of the company’s stock after acquiring an additional 12,824 shares during the quarter. Beaumont Financial Advisors LLC owned 2.12% of VistaShares Electrification Supercycle ETF worth $644,000 at the end of the most recent reporting period. 98.49% of the stock is currently owned by hedge funds and other institutional investors.

VistaShares Electrification Supercycle ETF Stock Down 4.5%

Shares of VistaShares Electrification Supercycle ETF stock traded down $1.20 during trading on Tuesday, hitting $25.25. The stock had a trading volume of 29,521 shares, compared to its average volume of 63,033. VistaShares Electrification Supercycle ETF has a fifty-two week low of $18.72 and a fifty-two week high of $35.55. The firm’s fifty day simple moving average is $29.54.