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) was the recipient of a large growth in short interest in the month of 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. Based on an average trading volume of 18,490 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 18,490 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Health Care ETF

Institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P SmallCap Health Care ETF by 83,257.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 117,534 shares of the company’s stock worth $5,179,000 after purchasing an additional 117,393 shares in the last quarter. G&S Capital LLC bought a new stake in shares of Invesco S&P SmallCap Health Care ETF during the third quarter worth $3,054,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF during the fourth quarter worth $1,692,000. Hohimer Wealth Management LLC bought a new stake in Invesco S&P SmallCap Health Care ETF in the 4th quarter valued at $1,048,000. Finally, Montecito Bank & Trust acquired a new position in Invesco S&P SmallCap Health Care ETF in the 3rd quarter worth $925,000.

Invesco S&P SmallCap Health Care ETF Trading Up 0.1%

Shares of NASDAQ:PSCH traded up $0.06 during midday trading on Monday, hitting $43.39. The company had a trading volume of 11,729 shares, compared to its average volume of 14,271. Invesco S&P SmallCap Health Care ETF has a 12 month low of $36.69 and a 12 month high of $46.58. The firm has a fifty day simple moving average of $44.30 and a 200 day simple moving average of $43.20. The stock has a market cap of $143.19 million, a price-to-earnings ratio of 21.94 and a beta of 0.91.

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.