ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Down 79.5% in December

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,419 shares, a decline of 79.5% from the December 15th total of 11,802 shares. Based on an average daily trading volume, of 948 shares, the short-interest ratio is presently 2.6 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 948 shares, the short-interest ratio is presently 2.6 days.

ProShares S&P 500 EX-Health Care ETF Stock Performance

Shares of SPXV traded down $0.20 during trading hours on Tuesday, hitting $75.63. 514 shares of the company were exchanged, compared to its average volume of 1,159. The company has a market cap of $36.30 million, a PE ratio of 26.44 and a beta of 1.06. The firm’s 50 day moving average is $74.31 and its 200-day moving average is $72.35. ProShares S&P 500 EX-Health Care ETF has a 52 week low of $51.95 and a 52 week high of $75.99.

Hedge Funds Weigh In On ProShares S&P 500 EX-Health Care ETF

A number of institutional investors have recently modified their holdings of the company. Atria Wealth Solutions Inc. bought a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the 2nd quarter worth $216,000. Western Wealth Management LLC lifted its position in ProShares S&P 500 EX-Health Care ETF by 3.7% during the 2nd quarter. Western Wealth Management LLC now owns 5,151 shares of the company’s stock worth $349,000 after acquiring an additional 183 shares during the last quarter. Cozad Asset Management Inc. acquired a new position in ProShares S&P 500 EX-Health Care ETF during the 3rd quarter worth $203,000. Finally, Bank of America Corp DE boosted its holdings in ProShares S&P 500 EX-Health Care ETF by 815.0% during the second quarter. Bank of America Corp DE now owns 13,835 shares of the company’s stock valued at $938,000 after acquiring an additional 12,323 shares during the period.

ProShares S&P 500 EX-Health Care ETF Company Profile

The ProShares S&P 500 ex-Health Care ETF (SPXV) is an exchange-traded fund that is based on the S&P 500 Ex-Health Care index, a market-cap-weighted index of US large-cap stocks, excluding firms in the healthcare sector. SPXV was launched on Sep 22, 2015 and is managed by ProShares.