VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Sees Significant Increase in Short Interest

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 34,482 shares, a growth of 73.2% from the July 15th total of 19,912 shares. Based on an average trading volume of 79,973 shares, the short-interest ratio is currently 0.4 days. Approximately 1.5% of the shares of the company are short sold.

Hedge Funds Weigh In On VistaShares Electrification Supercycle ETF

An institutional investor recently raised its position 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% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent quarter. 98.49% of the stock is owned by institutional investors.

VistaShares Electrification Supercycle ETF Trading Down 4.4%

NYSEARCA:POW traded down $1.26 during mid-day trading on Tuesday, hitting $27.11. 15,241 shares of the stock traded hands, compared to its average volume of 60,226. The firm’s 50-day moving average is $28.36. VistaShares Electrification Supercycle ETF has a 12-month low of $18.72 and a 12-month high of $35.55.