Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Short Interest Update

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 7,393 shares, a decrease of 82.3% from the June 30th total of 41,693 shares. Based on an average daily volume of 23,709 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC increased its holdings in Invesco S&P SmallCap Health Care ETF by 79.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 676 shares of the company’s stock valued at $30,000 after buying an additional 300 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF during the 1st quarter valued at approximately $49,000. Wiser Advisor Group LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF during the 3rd quarter worth approximately $76,000. Register Financial Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF during the 4th quarter worth approximately $81,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF in the 2nd quarter worth approximately $330,000.

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

Shares of PSCH traded up $0.07 during trading hours on Friday, reaching $53.03. The company had a trading volume of 41,503 shares, compared to its average volume of 17,600. Invesco S&P SmallCap Health Care ETF has a 12-month low of $37.45 and a 12-month high of $54.62. The firm has a 50 day simple moving average of $49.44 and a 200-day simple moving average of $45.41. The company has a market capitalization of $161.74 million, a price-to-earnings ratio of 21.94 and a beta of 0.83.

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.