Short Interest in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Grows By 46.9%

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 14,128 shares, a growth of 46.9% from the January 29th total of 9,617 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 18,490 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 18,490 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the company are sold short.

Invesco S&P SmallCap Health Care ETF Price Performance

Invesco S&P SmallCap Health Care ETF stock traded down $0.49 during mid-day trading on Friday, reaching $43.33. 14,454 shares of the company traded hands, compared to its average volume of 14,337. Invesco S&P SmallCap Health Care ETF has a fifty-two week low of $36.69 and a fifty-two week high of $46.58. The firm’s fifty day moving average is $44.35 and its two-hundred day moving average is $43.15. The company has a market capitalization of $142.97 million, a price-to-earnings ratio of 21.94 and a beta of 0.91.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PSCH. O Shaughnessy Asset Management LLC lifted its holdings in shares of Invesco S&P SmallCap Health Care ETF by 79.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 676 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares during the period. Wiser Advisor Group LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF in the 3rd quarter valued at $76,000. Register Financial Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF in the 4th quarter valued at $81,000. Park Avenue Securities LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF in the third quarter worth $212,000. Finally, Osaic Holdings Inc. raised its holdings in shares of Invesco S&P SmallCap Health Care ETF by 6.4% during the fourth quarter. Osaic Holdings Inc. now owns 6,376 shares of the company’s stock worth $281,000 after purchasing an additional 384 shares during the last quarter.

Invesco S&P SmallCap Health Care ETF Company Profile

PowerShares S&P SmallCap Health Care Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped HealthCare Index (the Underlying Index). The Underlying Index consists of common stocks of the United States healthcare companies. These are companies that are principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities.