iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Short Interest Up 168.0% in December

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 382,043 shares, an increase of 168.0% from the November 30th total of 142,561 shares. Based on an average trading volume of 208,220 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.4% of the shares of the company are short sold. Currently, 2.4% of the shares of the company are short sold. Based on an average trading volume of 208,220 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of iShares U.S. Healthcare Providers ETF

A number of institutional investors have recently modified their holdings of the business. Harbor Asset Planning Inc. purchased a new position in iShares U.S. Healthcare Providers ETF in the second quarter worth $26,000. Bank of Montreal Can boosted its position in shares of iShares U.S. Healthcare Providers ETF by 132.1% during the 2nd quarter. Bank of Montreal Can now owns 615 shares of the company’s stock worth $30,000 after purchasing an additional 350 shares in the last quarter. City State Bank grew its position in iShares U.S. Healthcare Providers ETF by 47.1% during the third quarter. City State Bank now owns 625 shares of the company’s stock worth $31,000 after buying an additional 200 shares during the period. WFA of San Diego LLC acquired a new stake in shares of iShares U.S. Healthcare Providers ETF in the 2nd quarter worth approximately $49,000. Finally, Brentview Investment Management LLC acquired a new stake in iShares U.S. Healthcare Providers ETF in the third quarter valued at $49,000.

iShares U.S. Healthcare Providers ETF Stock Performance

NYSEARCA:IHF traded up $0.35 during mid-day trading on Friday, reaching $48.32. The stock had a trading volume of 179,357 shares, compared to its average volume of 279,005. iShares U.S. Healthcare Providers ETF has a twelve month low of $40.57 and a twelve month high of $54.93. The business has a 50 day simple moving average of $48.76 and a 200 day simple moving average of $47.39. The firm has a market capitalization of $770.70 million, a price-to-earnings ratio of 15.41 and a beta of 0.70.

About iShares U.S. Healthcare Providers ETF

The iShares U.S. Healthcare Providers ETF (IHF) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a cap-weighted index of US companies that provide healthcare services. IHF was launched on May 1, 2006 and is managed by BlackRock.