ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Sees Large Growth in Short Interest

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 3,963 shares, a growth of 63.8% from the December 31st total of 2,419 shares. Based on an average daily volume of 2,044 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 2,044 shares, the short-interest ratio is currently 1.9 days.

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

ProShares S&P 500 EX-Health Care ETF stock opened at $75.63 on Monday. The stock has a market capitalization of $36.30 million, a price-to-earnings ratio of 26.44 and a beta of 1.06. ProShares S&P 500 EX-Health Care ETF has a 52-week low of $51.95 and a 52-week high of $76.40. The stock’s 50 day moving average price is $74.91 and its two-hundred day moving average price is $73.06.

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

A number of large investors have recently bought and sold shares of the stock. Western Wealth Management LLC raised its holdings in shares of ProShares S&P 500 EX-Health Care ETF by 3.7% during the second quarter. Western Wealth Management LLC now owns 5,151 shares of the company’s stock valued at $349,000 after purchasing an additional 183 shares during the period. Cozad Asset Management Inc. acquired a new position in ProShares S&P 500 EX-Health Care ETF during the 3rd quarter worth approximately $203,000. Atria Wealth Solutions Inc. acquired a new position in ProShares S&P 500 EX-Health Care ETF during the 2nd quarter worth approximately $216,000. Truefg LLC boosted its holdings in ProShares S&P 500 EX-Health Care ETF by 35.5% in the fourth quarter. Truefg LLC now owns 13,391 shares of the company’s stock worth $999,000 after acquiring an additional 3,508 shares in the last quarter. Finally, Forteris Wealth Management Inc. acquired a new stake in ProShares S&P 500 EX-Health Care ETF in the fourth quarter valued at approximately $451,000.

About ProShares S&P 500 EX-Health Care ETF

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.