Short Interest in VistaShares Electrification Supercycle ETF (NYSEARCA:POW) Increases By 126.3%

VistaShares Electrification Supercycle ETF (NYSEARCA:POW) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 78,028 shares, a growth of 126.3% from the July 30th total of 34,482 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,034 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Investors Weigh In On VistaShares Electrification Supercycle ETF

An institutional investor recently raised its stake in VistaShares Electrification Supercycle ETF stock. Beaumont Financial Advisors LLC increased its stake in shares of VistaShares Electrification Supercycle ETF (NYSEARCA:POW) by 93.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,547 shares of the company’s stock after purchasing 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. 98.49% of the stock is currently owned by institutional investors.

VistaShares Electrification Supercycle ETF Stock Down 2.0%

VistaShares Electrification Supercycle ETF stock traded down $0.54 during midday trading on Friday, reaching $25.91. The company’s stock had a trading volume of 16,403 shares, compared to its average volume of 58,893. VistaShares Electrification Supercycle ETF has a 52 week low of $18.72 and a 52 week high of $35.55. The firm’s 50-day moving average is $27.61.