iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) Short Interest Update

iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 78,263 shares, a growth of 133.3% from the July 30th total of 33,553 shares. Based on an average trading volume of 218,863 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s stock are sold short.

iShares U.S. Power Infrastructure ETF Price Performance

Shares of NYSEARCA:POWR traded down $0.51 during trading on Friday, reaching $25.44. 140,302 shares of the stock were exchanged, compared to its average volume of 174,321. iShares U.S. Power Infrastructure ETF has a 1-year low of $23.18 and a 1-year high of $28.44. The firm has a market cap of $437.57 million, a price-to-earnings ratio of 181.71 and a beta of 0.46. The stock has a fifty day moving average of $26.79 and a two-hundred day moving average of $26.51.

Institutional Trading of iShares U.S. Power Infrastructure ETF

A hedge fund recently bought a new stake in iShares U.S. Power Infrastructure ETF stock. Lionsbridge Wealth Management LLC purchased a new stake in iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 57,096 shares of the company’s stock, valued at approximately $1,596,000. iShares U.S. Power Infrastructure ETF accounts for about 1.4% of Lionsbridge Wealth Management LLC’s investment portfolio, making the stock its 25th largest holding. Lionsbridge Wealth Management LLC owned approximately 0.33% of iShares U.S. Power Infrastructure ETF at the end of the most recent quarter. 60.64% of the stock is owned by institutional investors and hedge funds.