ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Up 870.6% in December

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 11,802 shares, a growth of 870.6% from the November 30th total of 1,216 shares. Based on an average daily volume of 1,622 shares, the short-interest ratio is currently 7.3 days. Currently, 2.6% of the shares of the company are sold short. Currently, 2.6% of the shares of the company are sold short. Based on an average daily volume of 1,622 shares, the short-interest ratio is currently 7.3 days.

Institutional Investors Weigh In On ProShares S&P 500 EX-Health Care ETF

Hedge funds have recently added to or reduced their stakes in the business. Cozad Asset Management Inc. bought a new position in ProShares S&P 500 EX-Health Care ETF during the third quarter worth $203,000. Atria Wealth Solutions Inc. acquired a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the 2nd quarter worth about $216,000. Western Wealth Management LLC boosted its holdings in shares of 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 buying an additional 183 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of ProShares S&P 500 EX-Health Care ETF by 815.0% during the 2nd quarter. Bank of America Corp DE now owns 13,835 shares of the company’s stock worth $938,000 after buying an additional 12,323 shares during the period.

ProShares S&P 500 EX-Health Care ETF Trading Up 0.1%

NYSEARCA:SPXV traded up $0.04 on Wednesday, hitting $75.42. The company’s stock had a trading volume of 932 shares, compared to its average volume of 1,314. The stock has a fifty day moving average of $74.08 and a two-hundred day moving average of $71.45. The firm has a market capitalization of $34.69 million, a P/E ratio of 26.44 and a beta of 1.06. ProShares S&P 500 EX-Health Care ETF has a one year low of $51.95 and a one year high of $75.82.

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.